|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Dick Bove: It's Crazy Not to Own Regional Bank Stocks
Posted by: Dheeraj Grover (IP Logged)
Date: July 27, 2012 02:13PM
Dick Bove of Rochdale securirities was on CBNC to discuss his views on Regional Banks, bank earnings and bank valuations.
Here is what Dick said:
-- Regional Banks earnings have outperformed Universal Banks.
-- It will be crazy to not own regional banks.
-- Big banks may have higher risk but valuations are really cheap.
-- The problem with bank stocks is people have developed a belief in the big bank earnings even after the big banks have reported good earnings.
Here is the video:
Stocks Discussed: JPM, C, BAC, BBT, MS, WFC, KEY,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.