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Societe Generale , France's third-biggest listed bank, and U.S. asset manager AllianceBernstein officially launched their joint venture in the cash equities and equity research businesses, the two companies said on Tuesday.
NASHVILLE, Tenn. and PARIS , April 2, 2024 /PRNewswire/ -- AllianceBernstein (NYSE: AB) and Societe Generale (EURONEXT: GLE) today announced the official launch of Bernstein, a joint venture creating a leading global cash equities and equity research business.
Summary: Nancy Pelosi, the Speaker of the United States House of Representatives, holds a diverse portfolio of stocks, with Nvidia (NASDAQ: NVDA) being her largest investment, representing approximately 21% of her holdings. Analysts forecast a positive outlook for Nvidia's stock over the next 12 months, with an average price target of $913.74 and a high forecast of $1,200.00.
While one might expect that the mention of the most successful investors would bring Warren Buffett or Michael Burry to mind, one U.S. politician has, in recent years, been gaining ever-increasing prominence as the epitome of stock market triumph – Representative Nancy Pelosi.
AllianceBernstein Holding is expected to experience strong revenue and earnings growth in 2024. The company's low valuation suggests the potential for strong stock price appreciation. There is a reasonable chance that AllianceBernstein Holding will outperform its peers in 2024.
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