As big banks report their second-quarter earnings, those reports could hold a clue as to whether or not a recession is on the horizon, contends an article in The Wall…
Tag: banks
Buffett Soured on Banks at Potentially the Wrong Time
Last year, Berkshire Hathaway soured on bank stocks, a decision that cost the company about $10 billion, “given the strong rally in the sector in recent months.” This according to…
Berkshire Hathaway Cuts U.S. Bank Holdings
Warren Buffett’s Berkshire Hathaway “significantly cut its stakes in some of the largest U.S. banks in the second quarter, selling billions of dollars’ worth of stock in Wells Fargo, JPMorgan…
Buffett Likes U.S. Banks
Warren Buffett’s Berkshire Hathaway has increased its holding of financial services stocks to roughly $100 billion, about one-fifth of its total market capitalization. This according to an article inThe Wall…
Be Careful With Regional Bank Stocks
It continues to seem likely that the Federal Reserve will start raising interest rates later this year, which has some investors thinking bank stocks are a good bet. But be…
Gabelli Likes Content Providers, Financials
With mobile devices and broadband technology expanding, top value investor Mario Gabelli says he likes content companies. (more…)
Why Buffett Likes Banks
While they may be known more for investing in insurance companies and firms that make and sell simple consumer goods, Warren Buffett and Berkshire Hathaway are also quite fond of…
Buffett: Banks Won't Be A Problem -- "I Guarantee It"
Warren Buffett says banks will not cause major problems for the economy as they did during the 2008/2009 financial crisis — and he guarantees it. “The banks will not get…
Top Strategists Turning to Banks
Bank stocks have been getting little love amid the European debt crisis, but MarketWatch’s Mark Hulbert says some top-performing strategists have been diving into the much-maligned area recently. Hulbert looked…
Stattman High on Oil Firms, "Nibbling" at Bank Stocks
Blackrock’s Dennis Stattman, whose Global Allocation Institutional fund has been one of the better performing funds in its class over the past five and ten years, says he’s keying on…