TMFBogey (< 20)

Winners in the Rubble?

September 23, 2008 – Comments (0) | RELATED TICKERS: SF , SCHW , SWS

It occurs to me that with the demise of many of the large investment houses recently that a vacuum is being created in the industry that will eventually need to be filled. While short-term demand for brokerage services may ebb and flow with great volatility, there are some firms out there that have demonstrated remarkable stability, not only in their business practices, but in their stock prices. I suspect that as demand resurfaces in the months ahead, a number of the regionals will end up as great beneficiaries. Some of the ones that I'm starting to do some due diligence on are:

Stifel Financiel (NYSE: SF)
SWS Group (NYSE: SWS)
Raymond James (NYSE: RJF)

Others to consider among the nationals, especially in light of their asset relatively stable asset bases include:

Charles Schwab (Nasdaq: SCHW)
Ameritrade (Nasdaq: AMTD)