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Mark Riddix » Comments » JPM

  • Three Financial Stocks Worth Holding [View article]
    Hello YankeePride,

    I consider US Bancorp to be very similar to a Wells Fargo. They manage risk well and typically keep a very conservative loan book. I do think that US Bancorp could benefit by acquiring a bank to give them a larger national presence. I don't know too much about Downey Financial. So maybe that is the deal they were looking for.

    On Nov 30 10:42 AM YankeePride77 wrote:

    > HI Mark et al,
    >
    > Why is U.S. Bank (USB) at least as good a long term play at these
    > others?
    >
    > I totally agree re WFC and JPM. Comparing them all, USB has a solid
    > balance sheet like WFC and JPM, pays a great dividend yield, also
    > is regarded as somewhat conservative with their loan portfolio. It's
    > also trading well off its 50 and 200 day moving averages.
    >
    > Any feedback here would be appreciated. I have successfully traded
    > WGC, JPM and am now considering Long positions in two or three solid
    > banks. I am a bit wary of BAC despite their low price per share and
    > expect their dividend to be cut again soon.
    Nov 30 19:09 pm |Rating: +1 0 |Link to Comment
  • Three Financial Stocks Worth Holding [View article]
    I agree with that comment. They overpaid for Countrywide.


    On Nov 30 09:24 AM I should know wrote:

    > I like Wells and JP Morgan Chase. B of A bit-off a little more than
    > they can chew, especially with Countrywide. They could of had the
    > "parts' of the company they wanted and little, if any, of the toxic
    > loans. AND, they could of had it for pennies.
    Nov 30 18:11 pm |Rating: +2 0 |Link to Comment
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