Hot Bank Stocks To Buy Right Now

How Good Was November For Bank Investors?

A member of the Seeking Alpha community recently asked me whether the extraordinary performance registered by bank stocks in November was some kind of record.

Actually, as good as November was for bank investors, there are three months since 1986 when bank stock prices appreciated even more than what we saw last month.

Before getting into those details, let’s look at the November performance of 15 big bank stocks used for this study.

The average big bank’s stock price increased 18.8% in November. Chart 1 shows the change in stock prices for Bank of America (NYSE:BAC), BB&T (NYSE:BBT), Citibank (NYSE:C), Comerica (NYSE:CMA), Fifth Third Bancorp (NASDAQ:FITB), Huntington (NASDAQ:HBAN), JPMorgan Chase (NYSE:JPM), KeyBank (NYSE:KEY), M&T (NYSE:MTB), PNC (NYSE:PNC), Regions Financial (NYSE:RF), SunTrust (NYSE:STI), U.S. Bancorp (NYSE:USB), Wells Fargo (NYSE:WFC), and Zions (NASDAQ:ZION).

Chart 1

Click to enlarge

Hot Bank Stocks To Buy Right Now: Finjan Holdings, Inc.(FNJN)

Advisors’ Opinion:

  • [By Taylor Cox]

    Analyst/Investor Days

    Finjan Holdings, Inc (NASDAQ: FNJN)
    Danaher Corporation (NYSE: DHR)
    Delta Air Lines, Inc (NYSE: DAL)
    Deckers Outdoor Corporation (NYSE: DECK) annual shareholder meeting, to vote on Marcato Capital board nominees

    Legal

Hot Bank Stocks To Buy Right Now: NTN Buzztime, Inc.(NTN)

Advisors’ Opinion:

  • [By Lisa Levin]

    NTN Buzztime Inc (NYSE: NTN) shares were also up, gaining 26 percent to $7.22. NTN Buzztime reported a Q4 loss of $0.22 per share on revenue of $5.98 million.

Hot Bank Stocks To Buy Right Now: Federated Investors, Inc.(FII)

Advisors’ Opinion:

  • [By Gregg Greenberg]

     Stocks of Federated Investors (FII) fell approximately 9% in 2015, yet Oja expects a big turnaround in 2016, once again due to the prospect of higher rates ahead. 

     

    "The money market fund business, which is unprofitable now, should become more profitable as rates rise because Federated has to reimburse for the servicing fees for these funds," said Oja, who also admires the fund company’s 3.5% dividend yield. 

     

    Oja added that Federated also has a "good core business of equity and fixed-income asset management." 

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