BK The Bank of New York Mellon Corporation Barron's Likes Stock
The Chaikin Power Gauge RatingTM for The Bank of New York Mellon Corporation BK is very bullish due to very attractive financial metrics, strong earnings performance, bullish price/volume activity and positive expert opinions.
BK's financial metrics are excellent due to a relatively high cash flow.
BK's earnings performance is strong as a result of high earnings growth over the past 3-5 years.
Marc Chaikin is a recognized expert in stock market analysis. He developed computerized stock selection models for professional money managers as well as for individual investors. In addition, he pioneered and created the first real-time analytics workstation for portfolio managers and stock traders; his proprietary analytics are now part of Thomson Reuters’ institutional workstation.
Marc also created the widely-used Chaikin Oscillator and Chaikin Persistency of Money Flow, the basis of Investor’s Business Daily’s Accumulation/Distribution Rating. His indicators’ predictive value has made them de facto standards in most technical analysis software packages.