Opinions Paul Harris, CFA
Merrill Lynch & Co (US)MERPARTIAL BUYDec 13, 2007
Got rid of their CEO who they replaced with a man that used to run the NYSE. You'll have to wait till these things bottom out. You can start buying them slowly.
$57.83
Stock price when the opinion was issued
investment companiesfunds
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
TOP PICK
BUY
A great financial at a discounted price. Made some mistakes. Got into the mortgage related businesses to deeply and are now paying the penalty. Cheap at 1.5X Book.
Pat NaccaratoOwned
investment companiesfunds
TOP PICK
He has a model price of $86.44, a 60.5% positive differential. They finally have a CEO, which is good news. Financial CEO’s are being replaced by Risk Managers, so going forward they will be building their balance sheets.
Brian Acker, CAOwned
investment companiesfunds
DON'T BUY
The sell off has probably been a little overdone, but there is still quite a bit of risk in this sector. Still not clear as to the extent of the damage.
Don LatoNo
investment companiesfunds
BUY
They kicked out the CEO and he is waiting to see who the replacement is. Doesn't know why it is taking them so long. His model price is $93.54, a 46% positive differential. This is the June balance sheet so the $2 billion loss is not reflected. $61.50 would be an outright screaming Buy.
investment companiesfunds
