Raymond James Financial - A Consistent Investment & Undervalued

Raymond James Financial is a consistently performing investment and yet is undervalued relatively.

Raymond James Financial RJF Stock 4-Hour Chart

Raymond James Financial is a solid-performing company within an expanding economy. As the US economy has grown at a blistering pace over the past few years - since the COVID pandemic hit - stocks have soared. But, now the economy is set to advance at a slower pace with higher interest rates being the new norm. I do not expect that the Fed will lower rates at a rapid pace, but a begrudgingly slow pace. This will frustrate investors.

The latest earnings release for RJF stock saw a miss on revenues and small surprise to the upside with earnings. I can see further surprises to the downside with revenues for Raymond James financial, but also nearly every other company as the economy is refined in by the Federal Reserve.

After the economic contraction, I see RJF stock as a valuable addition to a portfolio from a value investing perspective. RJF stock is already undervalued on a comparative basis. Over the following few weeks and months, RJF stock is likely to dip to along with the broader stock market. That could be a buying opportunity for a savvy value investor.