America Has New Type of Money, Making Some Rich...Should You Get It?

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

CS
Credit Suisse Group AG
NYSE
0.89
Open 0.89 Prev Close 0.89
High 0.89 Low 0.89
Volume 0 Volume (Avg) 44,934,301
52 Week High 14.95 52 Week Low 6.57
Market Cap 32.1B PE Ratio 0.59

Shares Stats

Shares Outstanding2,406,099,968
Shares Float2,137,988,277
Shares Short3,990,926
Institution Holdings2.18%

About Credit Suisse Group AG

Credit Suisse Group AG, through its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific. The company offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions. It also provides traditional and structured lending, payment, foreign exchange, capital goods leasing, merger and acquisition, syndication, structured finance, commodity trade finance, trade finance, structured trade finance, export finance, factoring, fund management and administration, fund design, custody, ship and aviation finance, securities, cash, and treasury services. In addition, the company offers asset management products; equity and debt underwriting, and advisory services; cash equities, equity derivatives, and convertibles, as well as prime services; and fixed income products, such as credit, securitized, macro, emerging markets, financing, structured credit, and other products. Further, it provides HOLT, a framework for assessing the performance of approximately 20,000 companies; and equity and fixed income research services. The company serves private and institutional clients; ultra-high-net-worth individuals, high-net-worth individuals, and affluent and retail clients; corporate clients, small and medium-sized enterprises, external asset managers, financial institutions, and commodity traders; and pension funds, governments, foundations and endowments, corporations, entrepreneurs, private individuals, financial sponsors, and sovereign clients. As of December 31, 2019, it operated through a network of 344 offices and branches. The company was founded in 1856 and is based in Zurich, Switzerland.

General

NameCredit Suisse Group AG
TickerCS
ExchangeNYSE
SectorFinancial Services
IndustryBanks-Diversified
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees48,770

Highlights

Analyst Target15.08
Market Cap32,076,537,856
PE Ratio0.59
PEG Ratio1.18

Financials

Profit Margin0.13
Return on Assets0.00
Return on Equity0.06
Earnings Per Share-0.14
Gross Profit21,293,000,000
Quarterly Revenue Growth-0.16

Valuation

Trailing PE7.29
Forward PE8.70
Price/Sales (Trailing 12 Mt.)1.46
Price/Book (Most Recent Quarter)0.69

Earnings

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