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Tell me why I shouldn't LOVE bank stocks in 2014?

Posted on 1/15/14 at 8:38 am
Posted by slackster
Houston
Member since Mar 2009
84607 posts
Posted on 1/15/14 at 8:38 am
After BAC's earnings today, is anyone doubting regional and national banks heading into 2014?

I believe all of these are worth a look: BAC, MS, GS, WFC, IBKC, JPM, STI, and BBT
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16899 posts
Posted on 1/15/14 at 8:45 am to
i own a bunch of JPM, that is my only current bank holdings.

i am still heavy in TSH as well, but that was just purchased by IBKC. will be taking the Iberia bank stock option.
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 1/15/14 at 9:03 am to
Own a few shares of JPM. Wanted to dive into BAC as well, but not too fond of having multiple bank holdings.
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 1/15/14 at 9:04 am to
agree..

* undervalued due to excessive fear of fines/penalties
* rising interest rates will increase margins
* very low fundamental valuations
* may take a year or 2, but will increase by 50% or so

I'm going to buy some!
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