Google
 
Web Invest4today.blogspot.com

Wednesday, January 24, 2007

AllianceBernstein Holding LP (AB)

AllianceBernstein Holding (AB) reported a 45% increase in Q4 net income ($1.48 vs. $1.16E). AB announced a $1.48 distribution per share. AB is an asset manager that acts like a REIT, technically it is a publicly traded partnership. I have been long this stock since November when I swapped out of Etrade (ETFC) and went long (AB). The trade has worked out well as AB has increased 19% since my purchase. I am raising my target price to $118 which is 20X my $5.90 2007 EPS estimate. Watch for upgrades to come. AB is called $1 higher in after hours trading.

Note: I am long AB

4 Comments:

Blogger Financeguide101 said...

Hello Ben,

I am a new visitor of your blog and have found your blog interesting. You have good blog on Investing.

1/26/2007 3:41 AM  
Blogger Unknown said...

19%?? Since November of 2006? That's amazing. I'm torn between stock market investment and UK
land investment
and UK Land It's all about big returns.

7/16/2007 10:55 AM  
Blogger Unknown said...

http://invest4today.blogspot.in/2007/01/maguire-properties-mpg-may-get-bid.html

1/18/2013 12:31 AM  
Blogger Best call center services said...

Fabulous post, you have denoted out some fantastic points, I likewise think this s a very wonderful website. I will visit again for more quality contents and also, recommend this site to all. Thanks.
performance management in bpo

2/25/2022 2:16 AM  

Post a Comment

<< Home