State Street Q4: Expense Growth Improves, But Good News Is Priced In

Shares of State Street ( STT ) have been an excellent performer over the past year, gaining over 40%. The trust and custody bank has benefited from rising market levels, which mechanistically increase fee revenue, as well as cost efficiencies, which have enhanced margins. While STT beatOver 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 ...