CMP: $115

Enstar Group Ltd. acquires and manages insurance and reinsurance companies in run-off. The Company also provides management, consulting and other services to the global insurance and reinsurance industry.

Enstar Group is nearly a $2 Billion market cap company trading at a P/E of 8. Revenues have grown from $101 Million to $108 Million in the last 2 years. Profits have grown from $135 Million to $154 Million in the last 2 years. Looks to be a decent bet.