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6 pts

Opinion on  E*Trade Financial Corp (ETFC)     Sector: Financial  >  Industry: Investment Services
E*Trade is a brokerage and bank more than a lender

Oct 30, 2007 11:08 PM GMT
Return Risk
-84.52% HIGH
Analyst

E*Trade has been badly battered based on it's expsure to mortgages, but that is a one time deal.  They are a much bigger brokerage and bank, then they are a lender.  Their business is solid, assets are increasing, and they have the best product set among ANY financial provider.  Add on this the fact that they have one of the top rated Web sites and this stock HAS to recover from these lows.  Is it going to 35?  Doubtful.  Is it going to 20 in the next six months?  I'd bet on it.


ETFC:  This call was made on 10/30/07 @ $10.85
Rating:   Positive   $10.85 (10/30/07)
Gain/Loss:   -84.52% in 767 days
Target:   $20.00 (+84.33%) in Six months


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