Now, to be sure, bank stocks have been rallying since the U.S. election in early November, as a Trump presidency fueled optimism on Wall Street for deregulation and lower taxes. Friday’s news, however, marks the first concrete step Trump has taken towards loosening the regulatory noose on banks, making now a great time to revisit the usually juicy sector. With that in mind, here are five dividend bank stocks that flew on Friday, and which could keep flying under Trump...
Of all the big banks, financial holding company Morgan Stanley (NYSE:MS) rallied the most on Friday, jumping 5.5%. Over the past year, MS stock is up a whopping 72%. The next big gorilla bank on our list is Goldman Sachs Group Inc (NYSE:GS), which saw its shares jump 4.6% on Friday. Next up is financial holding heavyweight JPMorgan Chase & Co. (NYSE:JPM), which popped 3.1% on Friday and has now gained about 29% over the past three months. Behemoth Citigroup Inc (NYSE:C) also got in on Friday’s bank bonanza, with its shares gaining 3.2%. Rounding up our list this week of white-hot bank stocks is giant Wells Fargo & Co (NYSE:WFC), which gained 2.7% on Friday.
Source: IncomeInvestors
Related Articles:
- All Investments Carry Risk
- Warren Buffett's Two Investing Rules For Dividend Investors
- Dividend Stocks vs. Dividend ETFs
- Managing Risk With Dividend Stocks
- If Only I Had Known About These Dividend Stocks...
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
Add it all up, and things are starting to get tense. That leaves investors wondering where they can go for safety. After years of tech outpe...
-
Individual investors were jolted by the sudden reappearance of market volatility in October. Given a range of issues spanning natural gas av...
-
Are you on the hunt for a generous and reliable dividend stock? If so, the list of Dividend Aristocrats -- comprised of those few companies ...
-
If you’ve paid any attention to the financial news lately, you’d know that market sentiment has changed. This shouldn’t come as a surprise; ...
-
Most income investors have long-term horizons. That is, they want to collect dividends not for just a year or two, but indefinitely into the...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
If your income portfolio gives you the same dollar value of dividends as it did 10 years ago, your purchasing power has essentially deterior...
0 comments
Post a Comment
Post a Comment