Recs

16

The 1 Big Bank Stock That's Safe From Europe

By Chris Hill | More Articles
November 18, 2011 | Comments (1)

The following video is part of our nationally syndicated Motley Fool Money radio show, in which host Chris Hill and advisors Ron Gross, James Early, and Joe Magyer discuss the week's business and investing news. This week's guest is Wall Street banking analyst and author Mike Mayo. In this audio clip he analyzes the challenges that Europe's debt crisis poses to U.S. financial-services firms and the one he believes is the most protected from European threats.

Financial services is one of the industries highlighted in our report "5 Stocks The Motley Fool Owns -- and You Should, Too." You can get access to it right now at no cost. Simply click here -- it's free.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Chris Hill owns no shares of any of the companies mentioned. The Motley Fool owns shares of Bank of America, PNC Financial Services Group, Citigroup, Wells Fargo, and JPMorgan Chase and has created a covered strangle position on Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On November 18, 2011, at 9:57 PM, MajorBob04 wrote:

    The title of the article certainly caught my attention, but I think it's misleading, and doesn't accurately represent the content of the audio, nor do I think it fully represents Mike's point of view.

    Mike was on Bloonberg a couple months ago and explained that American banks will struggle for awhile. Maybe not as much as the European banks, but more than banks in Asia:

    http://www.bloomberg.com/news/2011-09-22/mayo-says-decade-li...

    If you're going to invest in large American banks Wells Fargo is a probably a good choice. But "good" is a relative term.

Add your comment.

Compare Brokers

Fool Disclosure

DocumentId: 1592316, ~/Articles/ArticleHandler.aspx, 5/26/2012 11:59:42 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 12,454.83 -74.92 -0.60%
S&P 500 1,317.82 -2.86 -0.22%
NASD 2,837.53 -1.85 -0.07%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/25/2012 4:00 PM
PNC $62.09 Down -0.11 -0.18%
PNC Financial Serv… CAPS Rating: ***
STT $41.78 Up +0.05 +0.12%
State Street Corp CAPS Rating: **
WFC $31.86 Up +0.05 +0.16%
Wells Fargo & Comp… CAPS Rating: ****
BAC $7.15 Up +0.01 +0.14%
Bank of America Co… CAPS Rating: ***
C $26.47 Down -0.19 -0.71%
Citigroup Inc CAPS Rating: ***
JPM $33.50 Down -0.47 -1.38%
JPMorgan Chase & C… CAPS Rating: ***

Advertisement