Monday, August 29, 2011
Dick Bove loves the banks....
Dick Bove is pounding the table for bank stocks, noting many now sport market caps lower than their net cash positions; names fitting this description include BAC, JPM, C, BK, STT, NTRS, and SNV. However, Bove also believes Ireland, Portugal, and Greece will default, affecting several big-name U.S. banks with Euro exposure.
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