AllianceBernstein Holding (NYSE: AB)

AllianceBernstein Holding LP (AB) looks like a good long term investment. I would wait for the stock to pull back before going long. AllianceBernstein provides investment management services for pension funds as well as the retail investor with mutual funds and managed accounts. If you are bullish on the stock market, then this is the stock to own. AllianceBernstein pays out all of its earnings in dividends.

Current Yield: 4.70%
Expected Annual Growth: 12%
P/E: 21

Note: I have no position in (AB) as of 10/30/06