National Financial Partners Corp. (NYSE:NFP)
The Company is a distributor of financial services products to individuals and companies. It operates as a bridge between large financial services products manufacturers and its network of independent financial services distributors.
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Recs
lots of cash; solid management
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Passes my screen of out of favor stocks. The idea is to buy on the bad news and hope for positive surprises.
Recs
National Financial Partners Corp. (NFP)
The Company is a distributor of financial services products to individuals and companies. It operates as a bridge between large financial services products manufacturers and its network of independent financial services distributors.
NFP is down 40% off its 52W high, but up approx. 300% up from its March 2009 price.
Huge, huge sale here. I love it.
Recs
Although it is way off it's lows from earlier this year, today's 33% selloff is another panic inspired by really ugly-looking numbers that are mostly due to one-time events. Stripping those out yields numbers that are still acceptable and still showing a profit.
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Stock pounded as a result of lower revenue and increased expenses... market is being exceptionally harsh since this companies valuations are pretty decent.
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all the financial have been beaten up. i like NFP at this price. love the FY PE.
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As with all my picks: A very attractive P/E, excellent EPS growth rate and high five year growth prospects.
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Trackubs down - 6
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Kinda boring. Also lumped in with the other financial guys and thus cheap (fine, so it might still go down some).
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this is not a buzzzzz company. it has a solid background and has shown steady improvement. it's service to it's clients is very satisfactory.
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No brainer.
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