good solid strong company

Buy - Price 23.74 on Sept. 10
by Jefferies & Co.

IVZ trades at 12.4 times our revised '09 est, a discount to peer averages. Our 29 target is based on a 15 times multiple, as we believe a peer average valuation is warranted given IVZ's attractive [assets-under-management] characteristics. Risks include fund outflows and prolonged equity-market weakness. Target: 29. Market cap: $9.5 billion.

Buy - Price 26.95 on June 10
by Sandler O'Neill

Although May [assets under management] were already about 1% ahead of our $486 billion forecast for the quarter's end, we're leaving our '08 and '09 [earnings-per-share estimates] unchanged at $1.72 and $2.09; [and despite] recent equity-market pullbacks, [reiterate our] 32 target, which represents almost 20% upside potential from current level. Market cap: $11.5 billion.

New ETFs, New Way to Make Money
Invesco PowerShares launched the first three actively managed stock exchange-traded funds. Bruce Bond, CEO of Invesco PowerShares, says it will alter the investing landscape as we know it. Here's why.

Click here to watch the video.

UBS has downgraded several financial stocks. UBS said it is downgrading BK, LEH, GS, STT, IVZ, AMTD. Cites most capital markets related stocks are likely to move lower before recovering and valuations will likely test 20-year lows rather than 10-year lows.

Q: What else tempts you?

A: Invesco [IVZ], the asset manager now based in Atlanta. They previously were based in the U.K. The business includes the PowerShares ETF franchise and AIM Investments. As a firm they've had their ups and downs. There's a consensus that the market is probably in a trading range and not going to go up a lot this year. So it is a reasonably contrarian bet that the market will do better than the consensus right now. They should earn about $2 a share this year. With any kind of luck, they grow 10% a year in the next couple of years. The stock was at 25 recently, roughly 12 times earnings. You are talking about a very good company that's well managed selling at 12 times. It's a good buy.

Preferred ETF Promises Safety, Yield
Bruce Bond, CEO of ETF provider PowerShares, explains why the new Preferred Portfolio exchange-traded fund is a smarter, safer alternative in a volatile market.

Click here to watch the video.

Strockpickr

Invesco recently announced a $500 million dollar buyback over 1 year.