Banco Santander Central Hispano SA (ADR) (NYSE:SAN)

CAPS Rating: 4 out of 5

A financial group operating principally in Spain, the United Kingdom, other European countries and Latin America, offering a range of financial products.

Recs

7
Player Avatar Kreeble (30.76) Submitted: 1/26/2012 8:53:31 PM : Outperform Start Price: $6.96 SAN Score: -25.76

Regional diversification and a slow but steady recovery in the Eurozone will carry this stock through. Patience will be a must, as events will cause volatility over the next couple of years. Buy now and be happy later.

Report this Post 3 Replies
Member Avatar ajstudebaker (< 20) Submitted: 4/11/2012 11:33:56 AM
Recs: 0

The Spanish banking system looks fragile. I would stay away from STD for the present.

Member Avatar dneedle1 (29.85) Submitted: 4/14/2012 10:15:05 PM
Recs: 0

I am a HUGE fan of Super Mario, and think Spain will avoid Greece's fate. But even I would stay the heck away from any Spanish bank for now. There is a nonnegligible risk of the bank needing a bailout which would zero out the shareholders.

Member Avatar griffbos (< 20) Submitted: 6/26/2012 5:13:30 PM
Recs: 0

smart pick considering of the Spainish banks this one has international branches and one of only two banks that will not need a bail out in Spain this is a buy and hold

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