T. Rowe Price: Uncertainty Spells Opportunity

MarsBars Most stocks have had a rocky start to 2023 to say the least, with many seeing peaks and valleys in the first two months of the year alone. For those who can embrace volatility, it’s times like these that mean opportunity, as short term pain can lead to long-term gains. In other words, you pay for a rosy environment, and buying quality stocks when they’re a bargain leads to the best long-term results. This leads me to T. Rowe Price (NASDAQ: TROW ), which as shown below, is now trading at the “foothills” of the mountain from the latter part of 2021. Let’s explore why now may be a great time to pick up this wealth compounder. Seeking Alpha Why TROW? T. Rowe Price is based in Baltimore, Maryland and was founded in 1937. Since then, it’s evolved into a global investment management company with $1.27 trillion in assets under management as of the end of 2022, and serves clients in 51 countries. TROW stands out among active asset managers due to its size, scale, and strength of its brand. TROW’s products include actively-managed funds that hold equities, fixed income, blended, and target dated retirement funds. As shown […]

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