E*TRADE Financial Corporation (NASDAQ:ETFC)
CAPS Rating:
A global financial services company, offering a range of financial solutions to retail and institutional customers.
A global financial services company, offering a range of financial solutions to retail and institutional customers.
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Recs
Though the company had put itself in a very bad position by betting incorrectly in subprime, cdo, alt-a, etc, I believe strongly in the products that they offer and the platform that they provide for trading. Though I don't have an account with them and will never have one due to employment restrictions, it seems like they constantly have new ideas and provide new tools for clients. These are things that won't be overlooked by account holders that are looking to escape the high fees and commission of traditional brokerage. I'm willing to bet that the company as a whole will come out of the mess stronger than ever.