These three Finance-sector picks expose you to more risk than big banks like J.P. Morgan and Wells Fargo (see pages 101 and 102). However, their solid growth—one is up 58% in a year—makes them worthwhile additions to your portfolio. While we still like all three,… Read More

A good way to diversify your Finance sector holdings is with non-banking firms such as American Express and State Street.
Amex continues its successful rebound after Costco dropped it in June 2016 as the only credit card accepted at its U.S. stores. State Street is also… Read More

STATE STREET CORP., $56.80, New York symbol STT, sells accounting and administrative services to large investors such as mutual funds and pension plans. It also offers banking services.

State Street has passed the U.S. Federal Reserve’s latest stress test. It measures how financial firms would cope… Read More

We continue to recommend that investors broaden their U.S. Finance holdings beyond big banks such as J.P. Morgan and Wells Fargo.
Top finance stocks outside of banks include the three stocks we analyze below. Each is a leader in its industry and continues to invest in… Read More

STATE STREET CORP. $71 (www.statestreet.com) sells accounting and administrative services to operators of mutual funds and pension plans. The company now plans to cut 6% of its workforce, which should save it $350 million in 2019. If you exclude costs related to that plan and other unusual… Read More

STATE STREET CORP. $67 (www.statestreet.com) sells accounting and administrative services to operators of mutual funds and pension plans. It also offers banking services. The company recently completed its purchase of Charles River Systems Inc. for $2.6 billion. That firm sells financial information and analytical software to over… Read More

An improved U.S. economy and low unemployment led the U.S. Federal Reserve to raise interest rates three times in 2017 and twice so far this year. That dampens the risk of a falling U.S. dollar and much-stronger inflation. Typically, both of those factors are needed… Read More

STATE STREET CORP. $87 (New York symbol STT; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 365.4 million; Market cap: $31.8 billion; Price-to-sales ratio: 2.8; Dividend yield: 2.2%; TSINetwork Rating: Average; www.statestreet.com) sells accounting and administrative services to operators of mutual funds and pension plans. It also offers… Read More

STATE STREET CORP. $99 (New York symbol STT; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 367.7 million; Market cap: $36.4 billion; Price-to-sales ratio: 3.3; Dividend yield: 1.7%; TSINetwork Rating: Average; www.statestreet.com) sells accounting and administrative services to operators of mutual funds and pension plans. It also offers… Read More

If an ETF manager, like Blackrock, goes bankrupt, it would then be the responsibility of the ETF’s board of directors to appoint a replacement manager, self-manage its fund, or make the decision to wind up its ETF. However, the bankruptcy should have little or no… Read More