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Boston, Massachusetts-based State Street Corporation (STT) provides various financial products and services to various investors worldwide. With a market cap of $28.2 billion, State Street serves asset managers, retirement plan providers, insurance companies, foundations, and more.
The financial sector giant has outperformed the broader market over the past year. STT stock have surged 24.1% in 2024 and 36.9% over the past 52-week period, outpacing the S&P 500 Index’s ($SPX) gains of 23.6% in 2024 and 30.6% over the past year.