Bank stocks have fallen to 'crazy' levels, buy these four, top analyst Mike Mayo says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

For subscribers: Bank stocks have fallen to 'crazy' levels, buy these four, top analyst Mike Mayo says. Check out CNBCPro and get your first 30 days free.

analyst Mike Mayo said Tuesday there is value to be had for investors in bank stocks due to the market's steep, coronavirus-driven declines. He said four banks in particular stand out as attractive opportunities.

"I am amazed at how far the bank stocks have sold off," he told CNBC. "They are trading at their average level from the global financial crisis. Crazy."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines