The Bank of New York Mellon Corp (NYSE:BK)
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The Company provides services that enable institutions & individuals to move and manage their financial assets. It has a tradition of collaborating with clients to deliver solutions through its securities servicing, treasury management & private banking.
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Totally undervalued. Wall street has totally overlook the stock price since it has not been up since Bank of New York and Mellon Financial M&A. Bad timing though, cos the merger happened right at $2007, just before the market collapse.Fools, dont forget BNY Mellon is the safest bank in our country. I am LONG this oldest bank in here.