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Banking stocks: Yea or nay?

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With all the turmoil that has been going on in the banking sector overseas, could it be time to sell, buy or hold on to your local banking stocks?

A cursory glance at the general valuations of lenders may indicate that stocks are compelling right now, given that most are trading at below one-time book value, which means that they offer some kind of value to investors.

 

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