GBA Presents: House of Gummy-!

AJG!
And Mr Jeffries... he likes to follow Mr Gallagher around the new high arena.

These guys reported last night too. Nice report. They beat revenues nicely on increased M&A like I figured they would (in the quote above from January)

It's a slow mover, but if for some reason it pulls back today, or down the road on a sector selloff, it's a solid stock. They upped the quarterly dividend by 16% too.

JEF--> $45.40

JEF $53.25
ALL TIME HIGH :rolleyes:

Up 33% since I gave it out in early January

Jeffries (JEF) reports after the bell tomorrow.
It may take a hit initially, but anything around $34-$36 would be a good buy if they do. I think they'll do well in 2024. Lots of mergers and acquisitions coming.
 
Bob Passani said something interesting about passive index funds. They only sell twice a year when they re weight/// so imagine a situation when expensive tech stocks which they are loaded up with have a large fall but the funds can't sell until their liquid dates.

That would be some pretty huge losses. Now from a Quant point of view how can we get those dates? Because if such a situation played out would not the tech names suffer greatly on the re balance days of the largest passive funds?
 
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