ING Groep N.V. (ADR) (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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ING is expanding their product line and opening up to new investors all the time. Their costs are super low since they're essentially online-only, and they entice customers (like me) with higher interest rates.
All banks want your money, and most unfriendly banks try to get you to keep your money in the bank by charging you fees for all kinds of transactions. ING just makes your money a little less accessible through an online electronic transfer system. The result is that more customers will just keep their money in and use ING as a true savings account. ING gets to use that money to their advantage.
I wish I could have bought this when it was lower, but if you buy this stock now and sit on it for only 6 months, you'll start to see growth. Hold on long for even better results.
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thumbs up
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how can any other bank compete with these intrest rates.
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at the end of every play, you just want to keep play.............................., until you come to an end...................., again.
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Again, another very good insurance company with strong fundamentals... this stock will do very well when the general fear of anything financial blows over.
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High quality bank with valuable assets, now at fire sale prices. As of today, PEG is .27.
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These are just piggyback picks to monitor after reading Jim Jubak's column over at MSN on 9/9.
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If you can't bet on the strength of your own bank, what can you bet on?
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Looks good.
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Solid company with good management and grossly undervalued at 10 it is a bargain
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Solid Company.
High Dividend Yield.
Good growth
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ING Group is working hard on increasing it's number of customers in the U.S., and even though they might suffer like all other financial businesses, I am convinced they will do well in the long run.
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lotta people finding out about them now.
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I suspect this pitch will not earn any kudos. I'm rating ING as outperform because I'm a saver at INGDirect in the USA and I like their attitude. I'm choosing five plus years because ING is a financial services company and the current economic situation for companies like that is not great. ING (BBT, BAC, etc.) will all need some recovery time.
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ING has some excellent products for small investors and personal savings. Bargain price right now.
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Very competitive insurance rates
Good commercials
Very little subprime exposure
diversified worldwide
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cramer- 4.5% yield
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Good growth and earnings.
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This is a "contrarian" stock chosen by John Reese CEO of Validea Capital from the MSN stock picking game "Strategy Lab." I like the contrarian approach of finding strong stocks beaten down by undervalued markets, apathy or general delirium.
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Unbelievable ease of use, consistent high interest, and useful new products without heavy pitches make ING the bank to beat. Customer service is top-notch, and the user interface is friendly & customizable without being cute. With the upcoming rollout of a paperless checking account, brand loyalty and satisfaction can only increase for ING.

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