DAG Investments
Long only, value, growth, long-term horizon

Raymond James Financial: Is Buy Time Over?


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.


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