Still Bullish on the Banks
In early April, we wrote a bullish piece on the financials. Part of our investment thesis was that their businesses were on the mend and would show very favorable fundamentals as 2012 progressed. Two weeks into earnings season and with a number of major banks, brokers and insurers having reported, we feel more confident in this call.
Several factors have propelled the financial sector's earnings, particularly traditional banks and brokerages, higher:...576 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
