5 Commercial Banking Stocks to Buy Now

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Five commercial banking stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

This week, SVB Financial Group (SIVB) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). SVB Financial is a diversified financial services company, bank holding company and financial holding company. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Revisions and Sales Growth, SIVB also gets A’s. The stock price has risen 7.7% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of SIVB stock.

Lloyds Banking Group plc Sponsored ADR (LYG) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. Lloyds Banking Group offers a range of banking and financial services. For more information, get Portfolio Grader’s complete analysis of LYG stock.

This week, Hanmi Financial Corporation (HAFC) pushes up from a C to a B rating. Hanmi Financial provides commercial small business association loans, trade finance, and consumer lending. For more information, get Portfolio Grader’s complete analysis of HAFC stock.

This is a strong week for Bank of Ireland (IRE). The company’s rating climbs to B from the previous week’s C. Bank of Ireland provides a range of banking and other financial services. Wall Street has pushed the stock higher by 5% over the past month. For more information, get Portfolio Grader’s complete analysis of IRE stock.

Norwood Financial (NWFL) boosts its rating from a C to a B this week. Norwood Financial offers a wide variety of personal, business credit services, and trust and investment products to consumer, commercial, and nonprofit organizations and municipalities. In the past week, trade volume fell significantly to half the previous rate. For more information, get Portfolio Grader’s complete analysis of NWFL stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, https://investorplace.com/2014/02/5-commercial-banking-stocks-to-buy-now-sivb-lyg-hafc/.

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