Two bank stocks could still be a buy after Fed exposes problem areas

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Two bank stocks could still be a buy after Fed exposes problem areas (via TradingNation)

that gets 20% of revenue from noninterest income, and is exposed to many of the spaces -- autos and mortgages, autos in particular – that we don't want to be part of.""From a valuation standpoint [Goldman is] outstanding in our work, and a 2.5% dividend yield, whether they raise it or not," said Tengler.

Craig Johnson, chief market technician at Piper Sandler, also sees some opportunity in the banking breakdown. "I want to be leaning into these kind of sell-offs and buying some of these banks. Now technically if you unpack the chart of, all you've done so far is sort of pull back to the uptrend support line off of those February lows and from our perspective, this is a stock that we think on this pullback that we should be buying. It's also been a relative outperform against the

 

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