Investors Bancorp, Inc. (ISBC)
A holding company for Investors Savings Bank, which attracts deposits from the public and originates mortgage loans secured by one- to four-family residential real estate and consumer loans.
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Foolish TMFE.
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Below $6
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In anticipation of the eventual rebound of the financial sector. A little early for bottom feeding, but I am just indiscriminately putting all stocks that are tagged S&L.
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Looks expensive. P/E at 61, PEG at 8.65. Add to this the housing market pressure, I expect this to lag behind the S&P500.
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Well managed bank

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