AllianceBernstein Holding LP (NYSE:AB)
The Company provides research, diversified investment management and related services globally to a range of clients.
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Recs
AB - AllianceBernstein -- an Income Investor Fool selection--was hurt by scandal but has new CEO,
serves affluent overseas investors and is up over 52% for the year.
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Just look at the chart on this performer!
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BABY BOOMERS WILL NEED THEIR ADVICE
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great company. Run well, with a good dividend.
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Makes money when interest rates go down, but also good defensive play. Solid fundamentals.
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Makes a great dividend, still growing and has strong financials.
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Dividend yield is high enough (about 5% now) for a company that also has room for growth.
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Just look at the numbers. Its hard to find anything to gripe about here.
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I own this one for the quarterly dividend it throws off. They have weathered the mutual fund scandals okay better then Janus or some of the other ones.
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Alliance Berstein continues with strong growth in assets under management.
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Just a year-in, year-out steady producer. No real reason at this point to suspect otherwise going forward.
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