It could hardly be a better time to buy bank stocks. Interest rates are climbing, enabling banks to earn much more money from their loans and credit cards. Meanwhile, the economy is improving by leaps and bounds. The latter trend should continue as tens of millions of more Americans are vaccinated against the novel coronavirus. The vaccinations, in turn, should boost the energy, tourism, and transportation sectors, allowing banks to make many more highly secure, profitable loans.
For conservative investors seeking relatively high dividend payments, affordable bank stocks that can climb significantly, and secure names, I believe that large regional banks are the best bet. In addition to meeting all of those criteria, they can also easily become takeover targets. Moreover, all three of the names that I’m recommending were identified in January by Goldman Sachs as being among the best regional bank stocks. Here are three bank stocks to buy: Citizens Financial (NYSE:CFG), Regions Financial (NYSE:RF) and KeyCorp (NYSE:KEY).
Source: InvestorPlace
Related Articles:
3 Affordable Bank Stocks With Solid Dividends
Posted by D4L | Wednesday, March 17, 2021 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
Long-term investors know that dividends can have a major impact on returns over time. When the stock market is struggling to make gains like...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We decided to go on a hunt for quality stocks that for one reason or another have been buried, and not just this year. We found three incred...
-
Buy and hold ... forever? It's a tall order, but a select few companies are potentially up to the task. You can build a wealth-compoundi...
-
Does the high interest rate environment we're living in have you feeling down? Here's something to remember that can help you turn t...
-
Essentially, we’re looking for more Apples – tech firms with a large market cap (at least $1-billion) and the financial means necessary to p...
-
Dividend stocks can be consistent market-beaters. However, empirical research shows that the best dividend stocks tend to generate better-th...
-
High-quality dividend stocks are always worth loading up on. This is doubly true for companies that offer shareholders an attractive mix of ...
-
Numerous high-quality dividend opportunities are up for grabs at the moment, which may be appealing to some investors given the uncertainty ...
-
Some dividend-paying companies have seen their financials struggle over the years. These companies become vulnerable to dividend cuts which ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.