3 Stocks Moving The Financial Services Industry Upward
2. As of noon trading, Franklin Resources ( BEN) is up $0.37 (0.7%) to $50.26 on light volume. Thus far, 834,310 shares of Franklin Resources exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $49.79-$50.39 after having opened the day at $49.79 as compared to the previous trading day's close of $49.89. Franklin Resources Inc. is a publicly owned asset management holding company. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It manages, through its subsidiary, separate client-focused equity, fixed income, and balanced portfolios. Franklin Resources has a market cap of $31.8 billion and is part of the financial sector. Shares are up 19.1% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Franklin Resources a buy, no analysts rate it a sell, and 6 rate it a hold. TheStreet Ratings rates Franklin Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Franklin Resources Ratings Report now. 3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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