While the broader stock market has largely recovered since its March lows, it’s important to keep in mind that the composition of the different investment sectors has dramatically changed. Despite the recent weakness, the tech sector remains highly valued, with many names still trading at nosebleed valuations. In this article, I’m focused on Eaton Vance (EV), which belongs to the still beaten down financial services sector. I evaluate whether if it makes for an attractive investment; so let’s get started.
A Look Into Eaton Vance
Eaton Vance is a financial services firm that