NYSE:BKCapital Markets
Is It Too Late To Consider Bank of New York Mellon After Its 53.1% Rally?
If you are wondering whether Bank of New York Mellon is still worth buying after its huge run, or if the easy money has already been made, this article will walk through whether the current price still stacks up against its fundamentals.
Even after a recent 4.1% pullback over the last week, the stock is still up 6.4% over the past month, 46.7% year to date and 53.1% over the last year. Multi year gains above 170% point to a substantial re rating in how the market views the business.
Those...