Dick Bove: 'Safe' and 'Riskier' Ways to Play Banks

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Jul 11, 2012
Rochdale Securities analyst Dick Bove offers a "safe" way to play the banking sector and another "riskier" strategy, which he prefers.


His safer picks are big regional banks: U.S. Bank Corp (USB, Financial), BB&T (BBT, Financial) and PNC financial (PNC, Financial).


His riskier picks are: JPMorgan (JPM, Financial), Bank of America (BAC, Financial) and Well Fargo (WFC, Financial).


He prefers playing with riskier banks and says big banks are critical to the U.S. economy.


Here is the video: