Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

BlackRock, Inc. (BLK) & 3 Financial Services Companies Riding the Recovery

The company will gain from the recovery of the U.S. economy. Total American Express Company (NYSE:AXP) cards in circulation will reach 32.6 million cards in 2013 from 31.3 million cards in 2012. This will result in an increase in net interest yield from 8.67% in 2012 to 8.97% in 2013. Net interest yield refers to total interest income earned on credit card loans as a percentage of average credit card loan balance.


Overall, all three financial service companies have implemented different strategies to increase stockholders’ returns.

BlackRock, Inc. (NYSE:BLK) is aiming for growth in Europe’s earnings after acquisition of Credit Suisse’s ETF, while Lazard’s cost saving program and share purchase program will bring good prospects for investors.

Potential in the U.S. market and gain from European operations will bring revenue growth for American Express

Therefore, I will recommend a buy for all three stocks.

Shweta Dubey has no position in any stocks mentioned. The Motley Fool recommends American Express and BlackRock. The Motley Fool owns shares of LAZARD Ltd (NYSE:LAZ)..

The article 3 Financial Services Companies Riding the Recovery originally appeared on

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.