i like LM and STT, assett managers have been beaten down as much as banks, but they don't lend money, they simply invest client funds and take their fees. I also like AB. When the market comes back, improving markets plus net inflows will mean huge gains for these stocks. If you don't believe me, look at AB price chart from 1990, not only stellar growth, but they also paid out everything they earned in dividends!
Five Guru Bargain Stocks [View article]
When the market comes back, improving markets plus net inflows will mean huge gains for these stocks.
If you don't believe me, look at AB price chart from 1990, not only stellar growth, but they also paid out everything they earned in dividends!