Bottom in bank stocks
Bank stocks may not have hit bottom yet
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NEW YORK (TheStreet) -- The shocking decline in financial stocks over the past week highlights another opportunity for long-term investors to back up the truck.
Description:Last one or two years, the negative news flows have led to an impact in terms of margins because the government has been looking to cap certain procedures. And their stocks have taken a beating. What we have seen historically is that the markets will not go diametrically opposite if the economy is picking up. Auto and Banking need a scale of operation to succeed. All said and done, NPA is a serious threat to the performance of banking stocks. There is just a lot more things that influence stock prices than say a gallon of milk. Can they all really be right?
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Date: 2018-09-26
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