November 14, 2012 at 09:35 AM EST
Hope for unloved U.S. financial services stocks
John Wasik U.S. financial services stocks may be the most unloved sector in recent memory, but they may end up prospering in the coming year. Individual investors have had solid reasons to be sour on financials since 2008. Earlier this year, JPMorgan Chase & Co disclosed a $6.2 billion loss in trading as part of its “London Whale” scandal. Bank [...]
ALLSTATE CORPORATION BB&T CORPORATION BERKSHIRE HATHAWAY CLASS B Berkshire Hathaway Dow Jones Industrial Average FINANCIAL SEL SECT SPDR FD ISHARES U.S. REGIONAL BANKS ETF Innovaro NYSE COMPOSITE INDX PNC FINANCIAL SERVICES GROUP POWERSHARES DWA FINANCIAL MOMENTUM PORTFOLIO S&P DEP RECEIPTS SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST SPDR S&P BANK ETF SPDR S&P REGIONAL BANKING ETF SUNTRUST BANKS, Inc. Standard & Poors 500
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