Franklin Templeton (BEN) Stock May Be 36% Undervalued On New Bitcoin ETF Plans
Franklin Templeton has delivered a strong multi year share price run, and the question now is whether the returns it earns on its capital are enough to support where the stock trades today. Over the past 3 years the stock has gained 61.4%, which puts the spotlight on whether that kind of share performance lines up with the returns the business is generating on the money it invests. Recent moves to launch equity ETFs with embedded Bitcoin exposure and to expand asset backed finance through...
Franklin Templeton has delivered a strong multi year share price run, and the question now is whether the returns it earns on its capital are enough to support where the stock trades today. Over the past 3 years the stock has gained 61.4%, which puts the spotlight on whether that kind of share performance lines up with the returns the business is generating on the money it invests. Recent moves to launch equity ETFs with embedded Bitcoin exposure and to expand asset backed finance through...
What's Your Reaction?
