Securities brokerage industry
Article Abstract:
The securities brokerage industry has been doing extremely well since 1994, due to a stable interest rate environment. Trading volumes have remained impressively high, as investors continue to purchase stocks. Securities firms' price/earnings multiple is expected to expand until 2000, but current share/price levels are currently high. This industry stock should be attractive to investors, but some will want to wait for prices to decrease a little.
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:
Securities brokerage industry stocks are volatile investments that are only recommended for risk tolerant investors. Unusually high levels in Jan 1997 were countered by exceptionally low levels in Feb 1997. While profits in the securities brokerage industry are likely to remain solid through 1998, share-earnings comparisons are difficult to forecast. Profits in this industry are expected to remain solid by historical standards.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic: