ING Groep N.V. (ADR) (NYSE:ING)
ING provides a range of insurance, banking and asset management services. It serves more than 60 million customers in Europe, the United States, Canada, Latin America, Asia and Australia.
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Diversification. Plus, it's priced at a p/e of 6.7 -- value always wins in the long run.
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There are currently 2500 ING shares in my "fund" with break-even of around 5.70 USD. http://caps.fool.com/Blogs/fund-trades/678775.
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I'm hoping they underperform as I'm moving in if they do. Cash on standby for purchase around $6.30.
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Possible take over by Capital One
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Sure the whole financial sector is beat down right now, but that provides opportunity, right? And, although they have had their troubles, it looks like the folks at ING are doing the right things for long term growth. It is going to take a while, but this stock will rebound.
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will be spinning out Insurance assets, get them for free
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Good Forward Earnings Estimate
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Clearing up of government debt will give ING a boost
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Strong financial firm with broad international base and one of the cleaner names in the minds of consumers.
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Long term, this is a stock that is on the brink of explosive growth. Short term, this is subject to the things happening overseas
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will go up. Problems are gradually going away.
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good bank. well run. waiting for it to break $12.00
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Shrinking EPS, shrinking earnings, shrinking dividends. Looks bad to me.
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stock on sale
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Solid bank and insurance business
separation of banking and insurance should set free additional shareholder value
biggest threat is Europe's sovereign debt crisis
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Net income just turned positive. Our company uses Ingplans for it's 401k management. As the financial sector recovers, this company is sure to rebound with the others.
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They will be splitting the banking and insurance divisions and preparing them for sale outside. The dutch gov't will be paid back this year. The dividend will be back in 2012
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I like ING. This stock has the potential to jump 3 dollars in a day, I dont see ING going anywhere because it does a good job at branding its brand. Solid Company in my opinion. Anything around 8 was a nice entry price and when it dipped below 8 and I like it anywhere up to 10 bucks. If you get it at 10 just buy on dips when or if it goes under that.
I like ING what can I say. Id like to see it at 20 and higher, soon but ill settle for 15 in the near future.
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ING founded in 1991 by a merger between Nationale-Nederlanden and NMB Postbank Group is headquartered in Amsterdam. Currently it has separated the banking and insurance businesses because of regulatory requirements after having received EUR 10bn from the Dutch state. After this transformation process ING will become a bank rather than a financial conglomerate. There will be a huge increase in the stock price as clouds of uncertainty disappeared.
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