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bank stocks to buy

  • Featured Story

    Best Stocks to Buy Now: A Big Growth Case for Small Banks

    By Tim Melvin, Special Situation Strategist, Money Morning - August 9, 2013

    To continue reading, please click here...

Article Index

  • Best Stocks to Buy Now: A Big Growth Case for Small Banks
  • These are the Key Bank Stocks To Buy Ahead of Rising Rates
  • Two Bank Stocks to Buy Now Before Activist Investors Goose Share Prices
  • It's Time to Bail on Bank Stocks

Best Stocks to Buy Now: A Big Growth Case for Small Banks

By Tim Melvin, Special Situation Strategist, Money Morning - August 9, 2013

While the big banks may have the attention of the Street right now, it's the smaller regional and community banks that are among the best stocks to buy now.

These small bank growth stocks are starting to show dazzling growth as their balance sheets improve dramatically. And they are still very early in the recovery cycle, so there is still plenty of time for individual investors to catch this train...

To continue reading, please click here...

These are the Key Bank Stocks To Buy Ahead of Rising Rates

By Tim Melvin, Special Situation Strategist, Money Morning - July 11, 2013

Some of the best stocks to buy now will profit from rising rates, as the Fed eyes a QE3 end. Here are a few stocks positioned to gain from the move. Read More...

Two Bank Stocks to Buy Now Before Activist Investors Goose Share Prices

By Tim Melvin, Special Situation Strategist, Money Morning - July 2, 2013

Activist investors get involved in companies to make money – and these new moves put these two banks among the most promising stocks to buy now. Read more...

It's Time to Bail on Bank Stocks

By , Money Morning - August 17, 2011

There was a time when bank stocks actually looked like good investments. And many, having racked up big gains over the past two years, proved to be just that.

But sadly, U.S. banks no longer offer the value and profit-making potential they did immediately following the financial collapse. In fact, they're actually heading for what could be a catastrophic decline.

Let me explain.

On February 18, 2009, I wrote a piece that said bank stocks should not be written off.

I observed at the time that the best U.S. banks had huge business strengths that were not fully undermined by the financial crisis. So I advised investors buy shares of the best among them.

As it turns out, that recommendation may have been too timid.

That is, most bank stocks - including some of the weakest and least investment-worthy - have surged since my article's publication.

Even following a lukewarm second quarter and last week's market meltdown, the top six banks - Citigroup Inc. (NYSE: C), Bank of America Corp. (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Co. (WFC), Goldman Sachs Group Inc. (NYSE: GS), and Morgan Stanley (NYSE: MS) - are in a relatively impressive position.

Take a look for yourself:

  • Goldman Sachs stock is up about 22%.
  • Bank of America is up 30%.
  • JPMorgan is up about 49%.
  • And Wells Fargo is up 55%.
Only Citigroup, down about 13%, and Morgan Stanley, down 20%, have seen their stock plunge.

But in light of this remarkable run up, and the disastrous pitfalls that lie ahead, now is the time to bail on bank stocks.

Margins are narrowing, government regulation is increasing, and the outlook for big deals is drying up.

In other words: The risks related to bank stocks are as present as they ever were - just the profitability is missing.



To continue reading, please click here...

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