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EV - Eaton Vance: Once Again Attractive After A Brutal March
Eaton Vance Corporation
When we last covered asset management company Eaton Vance Corp. (EV) in January, shares were trading roughly 30% higher than they are now. At the time, we had issued a bullish rating on the stock, driven by strong fundamentals. So, what happened? The coronavirus pandemic hit the US, and the markets as a whole have been knocked well off of all-time highs from the beginning of the year. With a safe dividend that yields 4.95% and a large discount on shares, we are again bringing attention to this little-known business with 39 consecutive