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Motley Fool Money

Don’t Sleep on the Dow Jones

May 17, 2024
40:31
Snipd AI
Discussion on the Dow Jones hitting 40k, shifting from traditional to tech companies. Walmart's growth, Home Depot's struggles. Warren Buffett's new investment in Chubb. Insights from Whole Foods co-founder. Stocks to watch: Shopify and T. Rowe Price.
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Podcast summary created with Snipd AI

Quick takeaways

  • Dow Jones diversification beyond industrials into tech-heavy sectors highlights index evolution.
  • T-R-O Price's significant growth in assets under management and strong financial performance despite client outflows.

Deep dives

T-R-O Price's Position in Asset Management Industry and Financial Performance

T-R-O Price is the ninth largest asset management firm globally with 1.54 trillion in assets under management, showing a significant increase from the previous year. Despite some client outflows, T-R-O experienced a 13.8% rise in net revenue, 22% increase in net operating profits, and generated substantial free cash flow. The stock's key metrics include trading at 13 times forward earnings, a 4.3% dividend yield, and strong long-term performance across its fund strategies.

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