MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, October 18, 2007 Janus' Multiples Concern Some Analysts In today's WSJ FundTrack, Diya Gullapalli explores the intricacies of Janus' stock price. Janus' stock price has rise a whopping 55 percent in the past year, compared with a 20 percent gain for the S&P Composite 1500 Asset Management and Custody Banks Index. The fact that Janus' stock is trading at 41 times its 12-month trailing earnings, compared with its peers, which are trading at 20 times their earnings, is leaving some analysts with reservations about recommending the stock. Analysts that spoke to Gullapalli also cite the recent line of top portfolio managers filing out the door at Janus as cause for concern. Printed from: MFWire.com/story.asp?s=16146 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |