|Last Update: 05/20/13 - 4:00 PM EDT|
|YTD Performance: 6.40%|
|Previous Close: $8.65|
|52 Week Range: $5.69 - $8.82|
|Oustanding Shares: 528,433,972|
|Market Cap: 4,570,953,858|
|Qtr (06/13)||Qtr (09/13)||FY (12/13)||FY (12/14)|
|Number of Analysts||7||7||7||5|
|Growth Rate (Year over Year)||-31.43%||-16.67%||-20.45%||-5.85%|
One hedge fund has taken sizable stakes in these names, so let’s take a closer look.
Community banks may not be the most exciting investment, but they may be the most profitable over time.
Portfolio Manager David Peltier analyzes a regional bank stock that's on the rebound.
HCBK was upgraded to Buy from Neutral, Guggenheim said. $7 price target. Earnings should bottom in the third quarter.
Patient investors could see outsized returns in select regional banks over the next decade.
Selling options to generate returns and as a way of backing into undervalued stocks can be a valuable tool.
These dividend-paying banks can put some cash in your pocket while you wait for the 'trade of the decade.'
HCBK was downgraded from Neutral to Underperform, Bank of America/Merrill Lynch said. Stock appears fully valued at current levels.
Big banks are still too risky, but smaller, regional stocks with high yields can help an income portfolio.