Despite some ugly results, some bank stocks are still great buys today.
In 2012, financial stocks crushed the market. However, first-quarter earnings from some of these companies highlighted the challenges many banks still face. As long as the U.S. economy continues to grow at a subdued pace, banks will continue to feel pressure to find new ways to sustain earnings.
In this video, Motley Fool banking analysts Matt Koppenheffer and David Hanson tell investors which banks they still see as great long-term buys at today's prices.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, and Wells Fargo. We Fools may not 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.
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