Here on GuruFocus we love everything cheap. Well-known banking industry analyst Dick Bove was on CNBC talking about the big bank stocks and how cheap they are. He thinks bank stocks have been hammered by negative perception rather than bad balance sheets. He thinks perception is turning, balance sheets are better, earnings are better and this is the best time to pick good financial institutions at rock-bottom valuations.
Here is the video:
http://www.cnbc.com/id/15840232?play=1&video=3000075574
Here is the video:
http://www.cnbc.com/id/15840232?play=1&video=3000075574
