Small Stocks Big Profits
Am I crazy or oversold financial shape?
Call me crazy, but when I look at the landscape in the financial market, I really think there are tons of stocks at deep discounts, especially in the big banks. Do not get me wrong, it remains a risk area, but even if we see a wave of bank failures, especially among small regional banks. But someones has to rise from the ashes, and I think that gives the largest banking companies increased their market share, even after the mess in the subprime mortgage continues. Just a couple of examples I think bank stocks: Bank of America – always make a profit, says its dividend is safe and media buying Countrywide will become the dominant mortgage lender in the nation. Wells Fargo – In connection with the exhibition of low mortgage Compared with other major banks, Buffett believes that the race for the best bank of any country to agree or disagree?
No, we're not crazy. Banking will continue although some more banks go under. A number of commercial banks below their tangible book value right Although, who knows with certainty the degree of precision value books. I've been looking at banks for several weeks – Wells Fargo top of the list. I am a bit wary of BOA since I do not think you even know the value of assets received Countrywide. radar on my own – WFC, C, USB, RBS. For more risky side, I am also following the NCC, SOV. I have not yet begun to buy, but probably begins slowly buy 1 or 2 above once you can see in 2Q financial. Given the current volatility in the market and the feeling that probably will not directly buy, sell, but is hoping to establish my position. It is a long-term work, however. I think the quality of Finance will make a great period of five years or more. I do not know if the next year.
Stock Market Crash & The (next) Great Depression Ahead?