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Rating:WSJ: Buy Fund Stocks Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, August 13, 2007

WSJ: Buy Fund Stocks

by: Sean Hanna, Editor in Chief

Are mutual fund stocks a safe harbor where investors can ride out the subprime storm? Strong cash flow, high margins and a dash of merger activity suggest that they may just be, according to the Monday Wall Street Journal Fund Track column. The paper reports that Citigroup recommends shares of BlackRock and Legg Mason and that the Dow Jones Wilshire U.S. Asset Managers Index is up 7.8 percent this year. Janus Capital is up 62 percent, Franklin Resources Inc. up 31 percent and AllianceBernstein Holding LP is 26 percent higher.  

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