CAPS Rating: 3 out of 5


Player Avatar hondo928 (99.46) Submitted: 2/11/2009 9:03:39 PM : Outperform Start Price: $26.04 LAZ Score: -40.17

In my opinion one of the very very few banks that are well positioned right now. Best of breed in a depressed sector spells great returns in the future

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Member Avatar streetflame (30.14) Submitted: 2/27/2009 11:37:26 PM
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On what basis are they the best of breed and well positioned?

Member Avatar streetflame (30.14) Submitted: 2/28/2009 12:05:55 AM
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To be more clear, I think they are second tier behind financial services firms with stronger books and more consistent earnings like Federated Investors (FII), Waddell & Reed (WDR), Eaton Vance (EV), Raymond James (RJF), etc. Basically to be a top tier financial services firm you cannot rely on leverage as much as Lazard does.

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