Marsh & McLennan Companies, Inc. (MMC) is a leading player in the insurance brokerage industry, with shares trading at $182.70 on January 15th. Approximately 75% of MMC’s revenue comes from brokerage, with a strong moat and sticky client relationships. Concerns about moderating insurance premiums are offset by long-term earnings potential and undervalued stock.

MMC presents a compelling investment opportunity, offering an attractive free cash flow yield of over 5% and projected earnings growth of 7% CAGR. Valuation multiples remain below historical averages, suggesting an undervalued stock. With stable growth prospects and strong client relationships, MMC could deliver above-average returns of 12% to 15% CAGR.

Bulls On Parade previously covered a bullish thesis on Brown & Brown, Inc. (BRO) in April 2025, highlighting its organic growth and strong client relationships. Despite market weakness and insurance premium concerns, Key_Variety_6287 shares a similar bullish view on Marsh & McLennan Companies, Inc. (MMC), emphasizing its asset-light model and long-term growth potential.

Read more at Yahoo Finance: Marsh & McLennan Companies, Inc. (MMC): A Bull Case Theory