Some well-heeled investors are buying in.
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -1.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.80%. Stock indexes...
The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.87%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.77%. Stock indexes this...
Bank of America is one of the largest U.S. banks, but investors might want to tread with as much caution as management.
It just announced a major acquisition.
The market's pricing is in far more doubt than is merited, translating into an opportunity for long-term-minded investors.
And what do you know, they're all Buffett stocks.
The consensus of a 163% gain doesn't look too bad, either.
The yields on this trio of Canadian banks are near their highest levels of the past decade. The problems they face aren't that bad.
Toronto-Dominion Bank and Bank of America look attractively priced today, but you might want to stay away from Wells Fargo.