|Last Price$15.65||Day Change (%)1.49%|
|Open Price$15.37||Day Change ($)0.23|
|Day Range15.30–15.66||52-Week Range12.78–18.49|
As of Fri 5/27/2016 5:23:00 PM | USD
These managers are great stewards of shareholders' money.
Royce's Charlie Dreifus notes that investors will likely continue seeking out stocks that look like growth bonds, and large caps are where they might have better luck.
As macro headwinds mount, we would look for a larger valuation discount among consumer cyclical names.
Slower consumer growth in 2012 is not fully reflected in valuations, and we remain selective and focused on structural winners.