3 Best Bank Stocks to Buy Now
If you’re interested in learning the three best bank stocks to buy for the second half of 2022, you’ve come to the right place. First, to keep things simple, I’ll stick to the 18 bank stocks in the SP 500 . However, except for MT Bank (NYSE: MTB ), they’re all in negative territory through the first six months of 2022. You would think with interest rates moving higher, banks would be doing a lot better than they are. Not so. Except for energy stocks, much of the SP 500 is underwater year-to-date. That said, there is no question that the banking industry’s lot in life ought to improve as these rate increases take hold. If you’re not buying a bank ETF, the tricky part is picking the three best. High-Quality Stocks to Buy That Are Trading Below Fair Value How hard can it be to select three winners over the next six to 12 months? Very. But I’m going to try just the same. SIVB SVB Financial Group $409.07 BAC Bank of America $30.95 SBNY Signature Bank $188.49 SVB Financial Group (SIVB) Source: Pavel Kapysh | Shutterstock.com SVB Financial (NASDAQ: SIVB ) is my favorite of the three banks on my list.
3 Best Bank Stocks to Buy Now
If you’re interested in learning the three best bank stocks to buy for the second half of 2022, you’ve come to the right place. First, to keep things simple, I’ll stick to the 18 bank stocks in the SP 500 . However, except for MT Bank (NYSE: MTB ), they’re all in negative territory through the first six months of 2022. You would think with interest rates moving higher, banks would be doing a lot better than they are. Not so. Except for energy stocks, much of the SP 500 is underwater year-to-date. That said, there is no question that the banking industry’s lot in life ought to improve as these rate increases take hold. If you’re not buying a bank ETF, the tricky part is picking the three best. High-Quality Stocks to Buy That Are Trading Below Fair Value How hard can it be to select three winners over the next six to 12 months? Very. But I’m going to try just the same. SIVB SVB Financial Group $409.07 BAC Bank of America $30.95 SBNY Signature Bank $188.49 SVB Financial Group (SIVB) Source: Pavel Kapysh | Shutterstock.com SVB Financial (NASDAQ: SIVB ) is my favorite of the three banks on my list.