From Russia With Love: With Russian Stocks Crashing, Is Sberbank A Buy?

Logan Kane profile picture
Logan Kane
20.37K Followers

Summary

  • Russian stocks are crashing on fears of more US sanctions over Russia's conflict with Ukraine.
  • Sberbank trades for a mere 5x earnings and yields nearly 8%. I bought some into the crash this week and think readers should consider taking a small position as well.
  • Why Russia has been a good (but volatile) place to invest since the fall of the Soviet Union, and why the mainstream media may be wrong about the political situation.
The Cathedral of Our Savior on Spilled Blood with reflection

yulenochekk/iStock via Getty Images

Trading based on geopolitics has a long and storied history. Legend has it that in 1815, Baron Rothschild made a fortune by buying stocks before news of the British victory at Waterloo reached London (although how much he made is disputed). For

This article was written by

Logan Kane profile picture
20.37K Followers
Author and entrepreneur. My articles typically cover macroeconomic trends, portfolio strategy, value investing, and behavioral finance. I like to profit from the biases and constraints of other investors. My work is available along with 1,000+ other authors by subscribing to Seeking Alpha Premium.You can read some more of my work here on my Substack.

Disclosure: I/we have a beneficial long position in the shares of SBRCY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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