Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

big banks are still a value investment

Good StocksLong IdeasStocksThrift

Is Wells Fargo Really a Value Investment?

At the end of the day consumer banking and big banks are still a value investment. The monster banks make a lot of money, generate a lot of float, pay decent dividends and they are relatively cheap right now. Unless US Senator Bernie Sanders (D-Vermont); who wants to break up the banks; gets elected president, I would say buy bank stock right now, you won’t go wrong with it.

Read More
a homescontents