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-0.000268456375838873 0.00161073825503362 0.000671140939597277 -0.000402684563758405 -0.00134228187919455 -0.000671140939597277 -0.00093959731543615 0.00375838926174498
Stock impact report

Bank Of New York Mellon: Low Risk, High Reward [Seeking Alpha]

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: Seeking Alpha
SummaryBNY Mellon is up 31% from its March 23 lows, but still 20% below its February 21 highs.I believe the market will return to its February highs due to Fed policies continuing to drive yield-seeking investors.When the market will return to its February highs and how low it might go before that time is an open question.When the market does return to its market highs, I expect BNY Mellon to also lift off its present overly depressed share price, providing superior returns.Investment ThesisBank Of New York Mellon (NYSE:BK8-K filing of April 16, 2020Despite the unprecedented global market disruption, we have stayed fully operational, demonstrating our resiliency and our commitment and capacity to support our clients when they need us most. Our fee revenue increased 10 percent as we experienced elevated transaction volumes and heightened volatility in March. Looking ahead, we and our clients face continued market and economic uncertainty. While it is too early to predict the impact, ou Show less Read more
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