More Galleries
Top-paying jobs Orthopedic surgeons take home a median $410,000 in salary and bonus annually. What other great careers from CNNMoney and PayScale.com's list of Best Jobs in America offer hefty paychecks? More
Fastest-growing jobs Demand for IT security consultants are projected to grow a solid 37% between 2012 and 2022. What other careers on CNNMoney and PayScale.com's list of America's best jobs will see big opportunities? More
Best Jobs in America CNNMoney/PayScale's top 100 careers with big growth, great pay and satisfying work. More

Special Offer
6 of 6
BACK NEXT
Raymond James Financial Inc.
Raymond James Financial Inc.
Market capitalization: $3.5 billion
Write-offs since 2005: 0%
Debt to capital ratio: 11%

We weren't sure we'd be able to find an investment bank for our list, but the fact that Raymond James was the only brokerage that made it through our screens is a testament to how unusual the company is.

Raymond James, based in St. Petersburg, Fla. is one of the few remaining regional brokerages in the United States. The company also owns a commercial bank, and its conservative lending approach helped them through the mortgage crisis, as they had virtually no subprime exposure. And their large network of independent financial advisors has brought the company success, so they haven't been compelled to move into riskier parts of the market.

"Raymond James is a good buy," said South Street Advisors chief investment officer Tom Carhart, who runs a mutual fund that holds a large stake in the company. "The company is well positioned to continue to outperform the industry."

The stock was punished earlier this year after reporting estimates that missed by 19% in the fiscal first quarter, which ended in Dec. 2007. But after beating analysts' estimates by the same amount in its fiscal second quarter, the stock rebounded by jumping nearly 20% in one day.

And though the stock, trading at nearly 15 times fiscal 2008 earnings estimates, may seem a bit pricey when compared to other larger investment banks, the stock may have room to grow. It may deserve a premium because of the lower risk. Plus, Raymond James still hasn't climbed back to the price at which it was trading before it missed forecasts in the first quarter.

More galleries
Last updated June 04 2008: 1:46 PM ET
Source: Thomson Baseline

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.