Take a Closer Look at Regional Banks
If you are looking for an industry to bank on for an investment, a good place to start is, well, the banking industry. Certainly, the industry is not as robust as it was prior to 2008's financial meltdown, but in some ways it is stronger. Regulations such as more stringent capital requirements have forced banks to be financially stronger. At the same time, experience has taught them the value of being financially more conservative.
An analyst at Wells Fargo writes, "We are moderately optimistic on the banking industry in 2013, mostly because of the emerging housing market recovery and bank stock valuations."...453 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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