Sterling Financial Corp (STSA)

markmcgoldrick (46.03) Submitted: 9/06/08 11:45 AM : Start Price: $11.60 STSA Score: -21.49

With a 4% dividend and plenty of cash this bank stock (small regional) has exposure to real estate markets that are declining less than the national average. Planning for the future and increased loan loss reserves give this issue an advantage over competitors in the long run. As one of the only bank stocks that has not reduced dividends this is a play on regional banks having the cash to expand and acquire other regionals at bargain basement prices. Do watch the shorts though and watch insider trading. I think it is a better indicator of this issue having legs from this point on.

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