Which BANK stock is a good one to invest in?

Discussion in 'Stocks' started by stockinvestor, Sep 27, 2008.

  1. Hi guys,

    Which bank stock do you think is a good buy and hold right now ?

    thanks

    Stockinvestor
     


  2. JP Morgan!!
     
  3. The Intergalactic Bank of Zarfork. :D
     
  4. Sorry. I got carried away.
     
  5. The survivors:

    JP Morgan

    Citicorp

    Goldman

    Bank of America
     
  6. American banks?

    Wells Fargo
    US Bancorp

    For another option I hear Toronto Dominion looks fairly good too. Considering its increasing exposure it might as well be an American bank.
     
  7. I'm okay with the rest, but do you guys seriously think that Citi will survive?

     
  8. Brandonf

    Brandonf ET Sponsor

    Wells Fargo, I've been saying to buy it for months.
     
  9. rainyday

    rainyday

    What the FDIC did to WAMU it can do to any BANK STOCK. If you had insurance and didn't conform to the conditions of insurance you would get canceled not have your property stolen and sold. But a bank is a member of fdic and membership rules apply. So unless the bank tells you up front of the risk its fraud. And the class action lawyers will have a interesting time ahead.
     
    #10     Sep 28, 2008