My Quick Take on Jefferies

A number of you have asked my opinion on Jefferies ($JEF). My short answer is that the stock is very undervalued, particularly at $9.50, though it’s still cheap at $11.

However, even if it’s fully valued (about $15 per share), I don’t think it’s a great stock to own.

Posted by on November 29th, 2011 at 12:58 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.