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  • Santander Emerges A Buy 2 comments
    Jul 18, 2013 10:45 AM | about stocks: SAN

    With Bearhunter Ben's testimony creating a buying frenzy for investors looking for yield outside of the bond market, several stocks became beneficiaries of the Fed Chairman's kind words such as Banco Santander (NYSE:SAN). (click to enlarge)With a whopping 11% plus dividend yield and a possible bump in it's portfolio from the drop in yields, SAN looks at the moment to be a buy until it breaks $7. Moreover, the bank also made historic progress with the investment community by eliminating the hangover in its stock caused by legal troubles of its former CEO Saenz who resigned in late April of this year.

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in SAN over the next 72 hours.

    Stocks: SAN
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  • Tufenk
    , contributor
    Comments (961) | Send Message
     
    Author’s reply » $SAN up 9% since this post.
    25 Jul 2013, 08:49 AM Reply Like
  • Debutant
    , contributor
    Comments (1901) | Send Message
     
    " With a whopping 11% plus dividend yield and a possible bump in it's portfolio from the drop in yields, SAN looks at the moment to be a buy until it breaks $7", eh?

     

    Are you the same "anonymous author" who wrote on 04 April 2013, 04:44 am :

     

    [@VincentCH
    Do you really think the 11+% yield is sustainable? High yields like this are often a warning signal. You may want to go to a more risk averse portfolio: Fellow Author RSS suggests .......]

     

    So, the 11+% yield by the same company may or may not be sustainable, depending on your long or short position in the same company, eh? Disgusting!
    5 Aug 2013, 08:55 AM Reply Like
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