If the market continues to rise AB may exceed the $1.75 in 2013 distributions that I predicted. If we get the 10% that many are projecting, AB will likely earn more on the level of $2.45 and we may see the sp rise to over $30. Cross your fingers.
My current target is around 25 by Dec 2013 with $1.60 distribution and around $33 with $2 per share distribution. by Dec 2014; assuming markets rise 10% each year.
Ab can provide around 40% annualized total return over the next 2 years.