There’s also Franklin Resources, the asset manager that is trying to rebuild its business in the rapidly changing investment landscape. This stock is trading at a forward P/E of 9.1 compared to the industry average of 12.2, and a price to book ratio of 1.5 compared to the industry average of 3.4. Its five-year average return on capital invested is 15%.
Finally, there’s Regeneron Pharmaceuticals. This stock is trading at a forward P/E of 18.9 compared to the industry average of 25.3 and has produced a five-year average return on equity of 21.5%.
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