Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA)

CAPS Rating: 3 out of 5

The Company is a diversified international financial group, with strengths in the traditional banking businesses of retail banking, asset management, private banking and wholesale banking.

Recs

0
Player Avatar Teacherman1 (62.19) Submitted: 3/30/2013 3:54:28 PM : Outperform Start Price: $9.02 BBVA Score: -3.72

Actually in at $8.81 and may close and re-open next week as the 7 day limit expires.

I have a lot less of this than SAN, but still like them a lot.

Will look for opportunities to add to my position as the "negative speculation" concerning Spanish banks plays out, but like SAN, they are a solid bank and will not be nationalized.

I would like to lower my longer term starting price by adding on significant dips, because I don't think they are worth the "spread" they currently have over SAN.

JMO and worth exactly what I am charging for it.

Featured Broker Partners


Advertisement