T. Rowe Price Group, Inc. (NASDAQ:TROW)

CAPS Rating: 4 out of 5

Financial services holding company that derives its revenues and income primarily from investment advisory services that its subsidiaries provide to individual and institutional investors in the sponsored T. Rowe Price mutual funds and other investments.


Player Avatar GoldCanyon (62.46) Submitted: 8/11/2007 2:32:16 PM : Outperform Start Price: $42.10 TROW Score: +61.12

This is a great company. It is the financial stock to own.

IRA money has to go somewhere and there has never been a whiff of scandal at T. Rowe Price, unlike other financial service companies. This is an ethical business that has as its motto: "Invest with confidence." I have invested with confidence there for years and I believe the problems besieging Wall Street's other advisers will push more money to T. Rowe's management.

Look at a chart of the stock since 1990. It has gone up more than 3,000% - no, that's not a typo. Did I mention that the company has no long term debt? Zero, zip, nada. And their customer service? Years ago when I had a question the rep could not answer, the fund manager called me back while he was on vacation. What more can I say.

If you are bored, or looking for other ideas, my stock blog is: http://www.matissecapitalmanagement.com/

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