Shares of Bank of New York Mellon (NYSE: BK ) have been a tremendous performer over the past year, gaining 75%. The company has benefited from a persistently high-rate environment (which may now change), strong equity markets, and very impressive expense discipline. Given such aOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

The upcoming report from The Bank of New York Mellon Corporation (BK) is expected to reveal quarterly earnings of $1.40 per share, indicating an increase of 10.2% compared to the year-ago period. Analysts forecast revenues of $4.52 billion, representing an increase of 3.3% year over year.The consensus EPS estimate for the quarter has undergone an upward revision of 0.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial ...

The market expects The Bank of New York Mellon Corporation (BK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 11, 2024, might help the stock move h ...

The first nine months of 2024 were exceptional for the S&P 500 Index. The index rallied 21.4% during the period. The primary drivers of the steady uptrend in the index were the clarity on the path of interest rates and robust economic growth, along with persistently cooling inflation numbers. Thus, almost all sectors within the S&P 500 Index rallied in the year-to-date (YTD) period. Among the top four was Financial Services, which appreciated nearly 19.9% during the period. One of the largest constituents o ...

Photo by Michael M. Santiago/Getty ImagesGetty ImagesThis week has historically been the most bearish one in the history of the S&P 500 and the DJIA. Since 1928. This week has seen a rising price only 35 times. If this time interval has been up in the past, the next week has been flat. Almost all market indicators are in bullish mode. The average low in any year has been October 27th, and that date is not far away. The best strategy is to accumulate stocks to hold into yearend. One helpful method is to simp ...

Hey there! My focus here is to provide you with insightful rating analysis on the world's leading financial firms to help you navigate and comprehend the latest investment opportunities while identifying potential pitfalls. My favorite picks are those that are tilted towards both the growth and quality factors. These are stocks that have a strong growth story combined with robust financial statements to support the growing narrative. My first investment was made seven years ago, and I have passed all CFA Pr ...

Shares of The Bank of New York Mellon Corporation (BK) , popularly known as BNY Mellon, have performed well this year. The stock touched its all-time high of $71.80 during Wednesday’s trading session as the Federal Reserve announced a cut of 50 basis points (bps) in interest rates. The BK stock finally closed yesterday’s session at $71.04, soaring 36.5% year to date. It has outperformed its industry, the S&P 500 Index and its close peers —Northern Trust (NTRS) and State Street (STT) — so far this year. Year ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. The Bank of New York Mellon Corporation (BK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.The Bank of New York Mellon Corporation is one of 859 individual stocks ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...