By
Ilan Moscovitz
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More Articles
June 13, 2008
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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%.
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Company
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Share Price
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Market Cap (in billions)
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AFLAC (NYSE: AFL )
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$66.52
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$31.6
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Harvest Energy Trust (NYSE: HTE )
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$24.87
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$3.8
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ICICI Bank (NYSE: IBN )
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$35.28
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$19.6
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Montpelier RE (NYSE: MRH )
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$16.33
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$1.5
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Penn West Energy Trust (NYSE: PWE )
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$33.36
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$12.5
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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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