Tag Archives: Economic
Wells Fargo’s Economic Moat And Valuation Make The Company An Attractive Investment
Wells Fargo (WFC) is a company with strong economic moat, and the current valuations make its equity an attractive investment today.
Because its reputable banking franchise and focus on cross selling, Wells Fargo is able to enjoy one of the lowest cost for interest-bearing deposits (2010: 0.45%) that translate into one of the highest net interest margin (2010: 4.26%) among its peers – Citigroup (C): 2.97%, JPMorgan Chase (JPM): 3.00%, Bank of America (BAC): 2.61%).
In a commodity business like banking, the producer who has the lowest cost will always capture the most economic benefits. Despite the commodity nature in banking, a well-run banking franchise is very profitable because it can employ leverage with excellent margin of safety, backed by a real asset like housing.
At current share price, even if we assume that Wells Fargo has no growth in its loan portfolio in the next couple of years as
Stocks Hold Gains After Mixed Economic Data
The New HR Analytics: Predicting the Economic Value of Your Company’s Human Capital Investments Reviews
The New HR Analytics: Predicting the Economic Value of Your Company’s Human Capital Investments
In his landmark book, “The ROI of Human Capital”, Jac Fitz-enz presented a system of powerful metrics for quantifying the contributions of individual employees to a company’s bottom line. “The New HR Analytics” is another such quantum leap, revealing how to predict the value of future human capital investments. Using Fitz-enz’s proprietary analytic model, readers learn how to measure and evaluate past and current returns. By combining those results with focused business intelligence and applying
List Price: $ 29.95
Will Rising Oil Prices Kill The Economic Recovery?
The doom and gloom crowd is at it again. I swear, these people look for any excuse to call for a severe market downturn, economic collapse, alien invasion, and – well you get the picture.
