Post by MikeTesteron Jan 24, 2025 3:41am
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Post# 36418418
Siebert Financial Corp. (NASDAQ:SIEB): A Diversified Financi
Siebert Financial Corp. (NASDAQ:SIEB): A Diversified FinanciLooks like a solid play in the financial services space. SIEB's revenue growth of 43% in 2023 and continued strong Q3 performance is catching my eye. Retail brokerage segment showing real strength with customer accounts up to 158,590 and net worth growing 10% to $17.5B. Tech investments and diversified model give them nice flexibility.Migh
t take a small posi
tion here. Their low debt-to-equity ratio of 0.0516 and healthy cash position make this look like a low-risk entry point. The Muriel Siebert legacy is cool too - first woman on NYSE back in 1969.BTW, BeyondSPX continues to deliver high quality in-depth analysis on just about every US stock out there, even microcaps, for free. Great resource for digging into companies like this. https://beyondspx.com/article/siebert-financial-corp-nasdaqsieb-a-diversified-financial-services-powerhouse-navigating-the-evolving-landscape