SocialPicks Sentiment:
** v.s.
other stocks
|
This Quarter's Sentiment:
|
|
|
SocialPicks Community
The Shakeout in Regional Banks
BAC
|
|
|
<> 
The accompanying table presents the 25 lowest-rated stocks in my US-based Regional Banking Index. The index contains a total of 99 companies with market caps between $500 million to $20 billion which are classified as either regional banks or savings and loan companies. The ratings for each company are calculated quarterly based on a formula which considers the price-to-book ratio, the trailing 52-week stock price performance, and the percentage of total market caps represented by each company.
Since putting together the index...
|
BankAm and Citi make it to the top 3 deposit banks in the US
BAC
|
|
|
BankAm and Citi make it to the top 3 deposit banks in the US
|
Positioned nicely
BAC
|
|
|
As like my JPM pick. Strongest will survive and BAC is in the same boat. Now the largest bank in America. Though I thought their investment in Countrywide was a mistake I think over the long term even that investment will turn positive. Considering the Govt help with allowing BAC to either dump the sour debt or insure against it's further decline. BAC is positioned well for the future.
|
|
By
Len
(-31.43% risk: conservative)
09/26/08
|
Comment
|
It's too late baby.
BAC
|
|
|
I wish I could see the bright side but I just don't. Sell baby sell.
|
NOT A BOTTOM - MORE LIKE AN ABYSS
BAC
|
|
|
<> When considering weather bottoms are in or not you should first try to understand what is driving the madness. To put it simply the market is wringing the leverage out of the market. The problem with the financial stocks is that they run highly leveraged balance sheets. Since the model is to borrow short and invest long the absence of available credit is causing leveraged balance sheets to contract. Libor spreads have blown out meaning banks aren't lending to banks. The commercial paper market is frozen up so companies cannot roll their CP when it comes due. For companies that must roll C...
|
|
ROCK-STAR INVESTORS
|
|
POPULAR STOCKS
|
|
TODAY'S HEADLINES
|
|
TODAY'S TOP PICKS
|
|
|
Visit streetinsider.com
No Bank Too Big to Fail!
- As the government continues to pump the economy with stimulus money, it also continues to push for financial reform from the FDIC angle...
http://ww
|
More Resources
|
About Bank of America Corp
- Answers.com
