Why the focus on yield? MBL has never been a yield stock. P/E is more the key? I agree on the comments re the parabolic take-off on market hype and the shake out back to reasonable levels However if you look at their continual record of increased earnings there is a genuine reason why the stock deserves a P/E above the other bank stocks. Personally I believe the P/E should be about 15 to 18 to reflect the growth premium, with the other banks float around 12. MBL in my view is also a market barometer for the overall market as so much of its income is driven by deals. Sentiment is heading down and so is MBL.
acturtle
MBL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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