A Tempting Proposition
Janus Capital (JNS) is an asset-management company in the midst of a disappointing year. In 2012, earnings per share are expected to drop to about $0.58 vs. the $0.76 level hit in both 2010 and 2011.
Last week's closing quote of $8.01 would seem to discount that news, as the stock touched peaks of $16.10 and $14.59 in 2010 and 2011, respectively. The shares hit $9.70 earlier this year....235 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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