Sunday, November 11, 2007

Bank Stocks Look Like Incredible Bargains!

Here’s the way I see it, either many of our nation’s best banks are screaming buys, or things are so bad that we may go into a depression. Since I don’t believe we are headed for a depression, 5.8-8.0% dividend yields look pretty attractive to me. Check out the dividends on these bank stocks. Oddly, many of these shares also look attractive to company insiders.Bank of America (BAC 43.31, -2.25) dividend yield= 5.91%Insider Buying: BARNET WILLIAM III, 2007-11-06, 11,000 shs @ $45.5RYAN THOMAS M, 2007-11-06, 3,000 shs @ $45.13
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[Source: The Money Blogs]

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