Large Cap / Banks / Mid Cap / Market Capitalization

Bank Stocks: Can't Get No Respect

Will Bank Stocks Ever Recover?

Although bank stocks have recovered somewhat from the drubbing they received last autumn, they still seem like the Rodney Dangerfield of the stock market.  Every time a bank reports improving results these days, investors treat it with skepticism and disdain.  Because of this, we thought it was worth revisiting the banks even though we have written about them several times over the past year or so. 

Despite a number of headwinds – such as increased regulation – many of the banks look quite cheap to us.  Many are currently trading well below their book value per share.  Before 2008, many healthy banks traded at more than twice book value. Today, earnings are improving, and the risks have been reduced.  Most U.S. banks have reduced their overall leverage significantly since 2008.  In addition, the recent government “stress tests” should provide at least some measure of comfort.  

 In the subscriber-only version of this article we discuss 10 bank stocks that look quite attractive.


Identify & Profit from Distressed Investing

Free Report: Distressed Investing

Turnaround Investing Blog

Turnaround Investing Blog

Return of Volatility? No, Return of "Normal"

Sizeable market moves can increase the temptation to sell on downdrafts and buy on upswings; however, we strongly advise against attempting to do that. The chances of getting out at the right time and then back in again before the market rebounds are extremely slim. Read More.

Harnessing Activists to Help Find Turnaround Stocks

Activist investors often produce attractive returns for their clients; and you can still use their influence to help your position as a turnaround investor in two ways: Buy a position in a stock with the expectation that an activist will soon follow or buy after an activist takes a stake.


Value Investing


While one of the many dozens of activist funds might find their way to selecting your particular stock, this approach is likely to be frustrating and unrewarding. A better approach is to buy after the activist makes their move. Once an activist takes a stake in a company, how do you evaluate whether it is worthwhile to follow on? Admittedly, this is a bit of an art... Learn how you can harness the power of activist investors to find market-beating turnaround stocks.

Turnaround Letter Stock Pick Named Top Performer of 2017


stock market advicex


What Last Year's Top Stock Pickers Are Buying in 2018


This Forbes write-up follows up on the recent Top Stock Tips report--naming The Turnaround Letter's Crocs recommendation the top performer of 2017: With 90% gains, CROX beat out 100 other investment ideas included in the report; and the stock continues to have value investing appeal, according to Putnam.


George notes, "We see additional upside for the stock in 2018 as management's efforts continue to bear fruit, though the gains will likely be more muted than we saw in 2017."