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.


Player Avatar javierZ (62.34) Submitted: 11/16/2012 4:57:30 AM : Outperform Start Price: $6.66 SAN Score: -14.93

Same pitch as for BBVA:

Both BBVA and Banco de Santander have kept their ground through the terrible Spanish crash. Unless they have toxic stuff under the carpet, they are ready to take off as Spain's, and the world's, economies recover.

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Member Avatar caffeinhigh (< 20) Submitted: 11/16/2012 6:01:00 AM
Recs: 0

"Unless". That's one heck of an unless.

Member Avatar javierZ (62.34) Submitted: 11/16/2012 2:14:42 PM
Recs: 0

You're absolutely right. But they have passed several stress tests withou problems, although I do not know if this is a guarantee. In any case, living in Spain, I hope I am right. Otherwise, Spain will sink completely.

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