Topic: Growth Stocks
T. ROWE PRICE GROUP INC. $83 (www.troweprice.com) earned $1.12 a share in the third quarter of 2014, up 12.0% from $1.00 a year earlier. Revenue rose 15.4%, to $1.0 billion from $884.4 million. Assets under management have risen 5.6% since the start of 2014, to $731.2 billion. The company’s fee income varies with the value of the mutual funds and other securities it manages, so it’s benefiting from rising stock markets. Buy.
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