Franklin Resources

BEN-N

NYSE:BEN

24.64
0.62 (2.45%)
Franklin Resources Inc. is an American holding company that, together with its subsidiaries, is referred to as Franklin Templeton Investments; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc.
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Analysis and Opinions about BEN-N

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Opinion
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TOP PICK
TOP PICK
September 19, 2013

Asset manager. $800 billion in AUM. Wanted something that wasn’t a traditional bank but had leverage to rising rates as well as equity markets potentially getting better over time. Good valuation. Mispriced as there is a concept that as the Fed tapered there was going to be a great rotation out of bonds and into equities and that this was essentially a bond shop but 55% of their business is equities. Trading at about 14.5X earnings.

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Franklin Resources (BEN-N)
September 19, 2013

Asset manager. $800 billion in AUM. Wanted something that wasn’t a traditional bank but had leverage to rising rates as well as equity markets potentially getting better over time. Good valuation. Mispriced as there is a concept that as the Fed tapered there was going to be a great rotation out of bonds and into equities and that this was essentially a bond shop but 55% of their business is equities. Trading at about 14.5X earnings.

TOP PICK
TOP PICK
March 23, 2001
Wealth management is a hot sector and growing.
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Wealth management is a hot sector and growing.
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