dragonLZ (99.34)

Regional Banks are HOT...

January 22, 2010 – Comments (1) | RELATED TICKERS: EWBC , FMBI , NPBC

I know, I know... Everybody hates banks right now, and everybody is expecting more of them to go bankrupt this year (especially the regional ones, which are not too big to fail).

But take a look at these ones:

EWBC, East West Bancorp Inc, $17.41, 6 Month Return 155%, 3 Month Return 73%

FMBI, First Midwest Bancorp Inc, $12.60, 6 Month Return 94%, 3 Month Return 16%

NPBC, National Penn Bancshares Inc, $6.93, 6M 74%, 3M 14%

RF, Regions Financial Corp., $6.60, 6M 87%, 3M 18%

STBA, S&T Bancorp Inc, $19.04, 6M 62%, 3M 22%

PACW, PacWest Bancorp, $20.96, 6M 51%, 3M 13%

CVBF, CVB Financial Corp, $9.95, 6M 51%, 3M 16%

FITB, Fifth Third Bancorp, $12.10, 6M 50%, 3M 11%

FULT, Fulton Financial Corp, $9.07, 6M 62%, 3M 15%

... 

What do you think?

p.s.

3.5 months ago, I told you Media is Hot. Since then, MNI is up 67%, SALM is up 61%, SBSA is up 56%, SBGI is up 34%, EMMS is up 26%, ...

Disclaimer: Money doesn't grow on trees. Do your own DD... 

Good Luck!