HSBC's ADR gets a buy rating today. Positives: over 5% dividend yield, strong liquidity, positive net income growth, undervaluation vs sector averages. Headwinds: current share price appears expensive ...
HSBC has been a strong performer recently, with multiple expansion powering a ~60% return over the past 12 months. Excluding notable items, HSBC delivered a mid-teens return on tangible equity last ...