Barron's Cover Story AllianceBernstein (AB) -- Has Room To Run

AllianceBernstein's (NYSE: AB) shares are off 22% from their 52-week highs, making them cheaper than their peers. Barron's believes AllianceBernstein's growing foreign business should provide some additional upside. Also, Barron's was quite positive on AllianceBerstein's CEO Lew Sanders. Lew is diversifying Alliance Bernstein into offering more than just mutual funds, including hedge funds and other alternative products.

Lastly, I found it interesting that AllianceBerstein separates its growth and value researchers, because Sanders says the two disciplines are vastly different. On that note, AB recently formed a new group, solely looking for early, new big investment themes. I would keep a close eye on Lew Sanders and AllianceBernstein.
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JR

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