Lazard Ltd (LAZ)

Lazard Ltd (LAZ)

Postby winston » Tue Oct 31, 2017 9:17 am

not vested

Stocks to Buy – Lazard

Lazard Ltd (NYSE: LAZ) stock isn’t setting the world on fire, yet. It’s up about 11% for the year and offers the only significant dividend – 3.6% – among these featured stocks.

LAZ has been around since the 1840s, which is a pretty unique pedigree for a financial services company, given all the booms and busts that have wiped out plenty of legendary firms over the decades.

The fact that LAZ is still around is a statement of its ability to thrive in all conditions and find opportunity where other don’t. These days, LAZ is more focused on global investment banking, financial advisory and asset management services.

It has been at the center of some of the biggest deals in the past few years. Two that are some of the highest profile are the $1.1 billion Google – HTC deal and the $11 billion Gilead Sciences – Kite Pharmaceutical deal.

As the global economy starts to gear up, LAZ is well connected across the globe to help companies start putting some of that cash they’ve been sitting on to good use buying assets.

Source: Daily Trade Alert
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