Banco Santander Central Hispano SA (ADR) (NYSE:SAN)
CAPS Rating:
A financial group operating principally in Spain, the United Kingdom, other European countries and Latin America, offering a range of financial products.
A financial group operating principally in Spain, the United Kingdom, other European countries and Latin America, offering a range of financial products.
Recs
Santander in my opinion is very well run. It is diversified and global. currently there are financial concerns which are global with almost certainly massive inflation almost certain to be universal as almost all countries wish to remain competitive with their exports. There has also been a powerful move towards central regulation in most services and industries mainly driven by motivation to provide social services and security to the disadvantaged. This has lead to fear that it will be unsustainable which it is. Governments are doing their best to inflate their way out of debt. Investors place their financial resources in well run companies as they stay ahead of inflation and continue to drive the economy. Santander is one of these and over time , particularly when optimism returns to the markets I expect doing the right things consistently will pay dividends in more than one way.