Over the past decade, banks have cleaned their books of bad loans, added more capital to their balance sheets, and positioned themselves to benefit from rising rates. The improvements haven't gone unnoticed. Tax reform, rising interest rates, and a strong economy make this a good time to get bullish like Warren Buffet...
Last quarter, Warren Buffett, easily the greatest investor of all time, plowed several billion dollars into the largest U.S. banks, giving his stamp of approval to just about every big bank on the market. Below, three Motley Fool contributors make the case for buying Bank of America (NYSE:BAC), Financial Select Sector SPDR ETF (NYSEMKT:XLF), and PNC Financial (NYSE:PNC) as the best ways to bet on bank stocks.
Source: Motley Fool
Related Articles:
- Dividend Stocks vs. a Safe Distribution Rate
- 5 Select High-Yield S&P 500 Dividend Stocks
- A Winning Investment Strategy
- 5 Dividend Stocks With A 20% Yield In 20 Years
- 4 Industrial Strength Dividend Growth Stocks With Yields In Excess Of 2.7%
Dividend Growth Stocks News
3 Top Bank Stocks to Buy Right Now
Posted by D4L | Saturday, December 22, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.