7 Bank Stocks to Buy on the Dip
With interest rates on the rise, you would think bank stocks would be having a banner year. Unfortunately, so far this year, banking stocks have struggled. Recession fears have outweighed the rising rate tailwind. However, this has created an opportunity when it comes to bank stocks to buy on the dip. What do I mean? It’s possible that the market is overestimating how much of an impact a possible economic slowdown will have on the performance of lending institutions. While more challenging times may lay ahead, that’s not to say that we’re in for a repeat of the turmoil experienced by the banking industry during the late 2000s. Furthermore, looking beyond possible near-term headwinds, long-term prospects remain bright for many banks. That’s especially the case with the following seven bank stocks to buy on the dip. 5 Best Stocks to Buy if You Have $100 to Spend Each one earns an “A” rating in my Portfolio Grader . They currently trade at favorable prices, and could result in solid returns, from both price appreciation and dividends.
7 Bank Stocks to Buy on the Dip
With interest rates on the rise, you would think bank stocks would be having a banner year. Unfortunately, so far this year, banking stocks have struggled. Recession fears have outweighed the rising rate tailwind. However, this has created an opportunity when it comes to bank stocks to buy on the dip. What do I mean? It’s possible that the market is overestimating how much of an impact a possible economic slowdown will have on the performance of lending institutions. While more challenging times may lay ahead, that’s not to say that we’re in for a repeat of the turmoil experienced by the banking industry during the late 2000s. Furthermore, looking beyond possible near-term headwinds, long-term prospects remain bright for many banks. That’s especially the case with the following seven bank stocks to buy on the dip. 5 Best Stocks to Buy if You Have $100 to Spend Each one earns an “A” rating in my Portfolio Grader . They currently trade at favorable prices, and could result in solid returns, from both price appreciation and dividends.