With the Financial Select Sector SPDR down nearly 40% over the past year, it goes without saying that financial stocks haven't been getting much love lately. Some ticking time bomb stocks like MBIA (NYSE:MBI) and Fifth Third Bancorp (NASDAQ:FITB) have gotten hammered even more -- perhaps with good reason. But keep in mind that the healthy financial companies no one wants to touch may prove that ugly stocks make great opportunities.
With that in mind, I used our new CAPS screening tool to look for the most attractive stocks in the financial sector.
They also have:
- Market capitalizations greater than $1 billion.
- At least 300 active picks.
- Five-star ratings, the highest possible, from our CAPS community.
Remember, in the first year for which we have data, CAPS' five-star companies outperformed the market with an average gain of nearly 28%.
|
Company |
Share Price |
Market Cap (in billions) |
|---|---|---|
|
AFLAC (NYSE:AFL) |
$66.52 |
$31.6 |
|
Harvest Energy Trust (NYSE:HTE) |
$24.87 |
$3.8 |
|
ICICI Bank (NYSE:IBN) |
$35.28 |
$19.6 |
|
Montpelier RE (NYSE:MRH) |
$16.33 |
$1.5 |
|
Penn West Energy Trust (NYSE:PWE) |
$33.36 |
$12.5 |
Data from Motley Fool CAPS and Yahoo! Finance as of June 12.
Of course, screens are merely a first step in the stock-selection process. Discerning merely blemished stocks from their truly hideous brethren requires due diligence. Come and join us on Motley Fool CAPS to dig into these companies further. Our 105,000-strong (and counting) CAPS community can help you polish your portfolio.
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