Securities brokerage industry
Article Abstract:
A favorable economic environment, low interest rates, low inflation, and moderate economic growth have led to good earnings in the securities brokerage industry industry in 1996. Industry profits are expected to remain high in 1997, although not at the levels enjoyed in 1995 and 1996. Merrill Lynch and Company Inc and Morgan Stanley and Company Inc are good stocks for the next three to five years, but the industry as a whole is volatile.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Securities brokerage industry
Article Abstract:
The securities industry is performing well in 1995 with strong underwriting, acquisition and merger advisory work, and record trading. There is a large business backlog at the end of the 3rd qtr of 1995, but earnings will not be as strong in 1996. Through the end of the decade, however, securities firms will have above average revenue and earnings. Charles Schwab, Merrill Lynch, and Morgan Stanley are among better investments.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Comment about this article or add new information about this topic: