To an investor, what is the most beautiful business model in the world? How about a model that's highly profitable, easily scalable, and generates substantial returns on equity and other shareholder measures? Sounds nice, eh? All too often, investors are asked to pay through the nose for such wonderful businesses. Not in this case.
Try Legg Mason
What's not to like?
The powerhouse asset manager is trading at a substantial discount to peers like Blackrock
This downtrodden asset manager has been nicked for having a difficult time digesting the acquisition of Citigroup's
It's not just me
I wrote a bull case on Legg Mason a few months back, and our own Alex Dumortier concurred a few weeks later. Fellow Fool Matthew Crews was a little more hesitant on the company's prospects, though. That's OK -- on the Motley Fool CAPS service, Legg Mason is a four-star stock, and more than 250 players have given it a big green thumbs-up, including 86 of 88 CAPS All-Stars.
What do you think of Legg Mason's prospects? Go to Motley Fool CAPS right now and make your voice heard. If you agree with me, rate it "outperform," and if you don't, rate it "underperform." Based on your responses, we'll crown the "Best Financial Stock for 2007" sometime next week.
Fool contributor Stephen Ellis owns shares in Legg Mason, but no other companies mentioned. You can view the stocks he owns and check out his 99th-percentile ranking in CAPS. Legg Mason is a Motley Fool Inside Value pick. The Motley Fool has a disclosure policy.