The Bank of New York Mellon Corp (NYSE:BK)
CAPS Rating:
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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Fool UK
Recs
2.50% yield; more cash than debt; been around for 225 years; p/e and PEG are low. Financials are undervalued right now - collect your dividend, sleep at night and wait.............