Best of the Worst?

 

I’ll look at the major banks and try to determine which are the best out of a field of really bad players.

Bank of America: BAC, Citi Corp: C, JPMorgan Chase: JPM,

Card Holders:

American Express: AMEX, Mastercard: MC, Visa: V

 

umm… did you notice that NONE of the stocks mentioned are in IBD’s Group Leaders?

 

BANK OF AMERICA

… most under-valued stock ever or just really bad?

 

CITI CORP

233% DEBT?  I thought they paid all that TARP money back? yeah, right… them and GM both…

 

 

JPMorgan Chase: JPM

Just a cursory look shows JPM is probably the best of the worst… I figured BAC would be stronger…

 

 

Continuing on we have the credit card companies: American Express, Visa, Mastercard:

Visa and Mastercard are only holding-type companies, they do not have great amounts of outstanding debt or loans to sub-prime borrowers as the banks do. They simply process credit card statements – this makes them much less vulnerable to any debacle the banks are going through.

VISA: V

 

MASTERCARD: MA

Maybe oversold?  Low P/E ratios

Mastercard Updated Chart