Financials Building Momentum (Part 2)
On Friday, we noted that, after a lengthy and painful stretch in the penalty box, financial stocks had finally come into their own. They performed strongly in 2012, and we believe they will continue to do so through 2013. This success reflects the belated but inevitable reconciliation of the growing business strength of these institutions with stock prices that have only recently begun to reflect that business improvement.
In this column we briefly highlight six additional financial names (Last Friday we focused on JP Morgan, American Express and Wells Fargo.) that we think should be of interest in 2013 or give a good read into the banking group's earnings this quarter....653 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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