Published on 17 Oct 2024 on Insider Monkey · via Yahoo Finance
AllianceBernstein (AB): Strategic Moves That Could Drive 10x Growth in 5 Years
We recently published a list of 10 Stocks That Could 10X Over the Next 5 Years. In this article, we are going to take a look at where AllianceBernstein Holding L.P. (NYSE:AB) stands against other stocks that could 10x over the next 5 years.
Despite ongoing concerns related to the durability of growth and interest rate policy, Deloitte believes that the broader US economy is fundamentally strong. While real GDP growth witnessed some slowness in Q1 2024, growth rebounded to 3.0% in Q2 2024. All the available evidence demonstrates that policymakers have managed to bring inflation under control without a recession.