Dick Bove is pounding the table for bank stocks, noting many now sport market caps lower than...
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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