AllianceBernstein: High-Quality Business At The Right Price

Hydra Research
1.14K Followers

Summary

  • AllianceBernstein appears undervalued considering its high-quality business model and very positive performance in the past.
  • The market is underestimating a future expansion in the Asian asset management division in the foreseeable future.
  • The focus on alternative asset classes could boost both performance and fee revenues.
  • There is a potential return of about 70% from the current price.

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A sum of many different factors will likely boost the already-superb performance of AllianceBernstein (NYSE:AB), making it cheap at its current valuation. First, management expressed interest in expanding the company's focus on alternative products, outside the simple

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