Raymond James Financial (NYSE:RJF) is among my largest holdings and a stock that I've held for a dozen years. I started buying RJF around 2002 at what seems to be about $12, though I recall the time frame better than the prices and the stock has split a couple of times since then, so I might've paid even less.
I mention my history with RJF shares as disclosure, but also to help convey my conviction level since RJF is one of only two exceptions to my usual rule of not owning financial stocks. The other is Blackstone (NYSE:BX), which I've only owned since early 2013, though I researched both firms for years before investing.
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|