(A Top Pick Jan 2/15. Down 0.97%.) A merchant bank. They have an asset management division. Roughly split 50/50. There are some headwinds with the emerging markets being weak. This is well positioned to pick up an M&A within Europe. Still likes.
This is an investment bank and an asset manager. A high margin business. A very scalable business. Thinks the US is the place to be.
Lazard Ltd is a American stock, trading under the symbol LAZ-N on the New York Stock Exchange (LAZ). It is usually referred to as NYSE:LAZ or LAZ-N
In the last year, there was no coverage of Lazard Ltd published on Stockchase.
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In the last year, there was no coverage of Lazard Ltd published on Stockchase.
On 2024-10-08, Lazard Ltd (LAZ-N) stock closed at a price of $48.35.
(A Top Pick Jan 2/15. Down 26.62%.) A little disappointing. This falls more broadly into the camp of a good idea, but with the wrong timing. A great company. A boutique investment bank/asset manager.