Ameriprise is mispriced relative to its fundamentals; strong earnings growth (17% CAGR), low valuation (<11x earnings), and significant buybacks support this view.
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So, Amiri Price, Raymond James, Stable, umm LPL. So, you know, let's use Ameri Prize as an example. I think it's a very interesting stock. It separated from American Express in 2005.
Over the past 20 years, it has been the best performing financial stock since its separation. It is, as you know, a financial consulting firm. As you know, they have achieved a compound annual growth rate of 17% in earnings over the past ten years.
It is trading at less than 11 times earnings. They are buying back a lot of shares. If you look at their stock count over time, they are drastically reducing it. I think they have repurchased about 60% of their shares since their IPO.
It appears that Ameriprice is not priced correctly given its operating characteristics.
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The Acquirers Podcast has only this one call on this stock.