Hope for unloved U.S. financial services stocks
Posted on November 14, 2012 at 09:35 AM EST
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 Corp. BB&T Corp. Berkshire Hathaway Berkshire Hathaway B Dow Jones Industrial Average Innovaro NYSE COMPOSITE INDX PNC Financial Services Group, Inc. PowerShares Dynamic Financial Sector Portfolio S&P DEP RECEIPTS SPDR Dow Jones Industrial Average ETF Trust SPDR KBW Bank ETF SPDR KBW Regional Banking ETF Select Sector SPDR-Financial Standard & Poors 500 SunTrust Banks, Inc. iShares Dow Jones U.S. Regional Banks Index Fund
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