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Bank stocks under $10 a share
An ugly day in the markets has just ended with the financial services sector taking a beating in particular. Many shares in the sector trade for under $10. Bottom fishers might see this as a buying opportunity. Is it?
Under $10 a share:
Bank of America
Citigroup
Citizens Republic
Dearborn
First Financial
Fifth Third
Huntington Bancshares
Keycorp
Mercantile
M&I
Sun Trust
Zions
About Edward Harrison
Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.
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It’s a buying opportunity in the same sense that a long shot at the track is. If you can afford to lose whatever you put down entirely the payoff can be spectacular.