State Street Corp (NYSE:STT)

CAPS Rating: 2 out of 5

A financial holding company which provides a range of investment management strategies, specialized investment management advisory services and other financial services for corporations, public funds, and other sophisticated investors.

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Player Avatar mauisol (< 20) Submitted: 9/25/2008 11:27:31 AM : Outperform Start Price: $53.75 STT Score: -34.23

Have to laugh at speculators that took a shot at STT last week. Proves how ill-informed some of these clowns are. That created a nice double for those of us that know about the conservative approach STT takes with its balance sheet (if they actually took a moment tolook at it!!). STT is a rock. Aside from weak speculative run, by shorts STT has held it own in the crisis. And lets face it, they hold trillions of dollars of the worlds assets; if they were not way ahead of liquidity crisis and false concerns about global money market funds either they would get TARP assistance or be bought.

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