#6 in the Best Stocks for 2014 Contest: Banco Santander (SAN)
Investor: Bryan Perry
YTD Return: -8%
Our next entry for the 10 Best Stocks for 2014 contest is a high-yield play, as Banco Santander (SAN) currently pays out more than 9% in dividends.
SAN stock is sitting around 8% in the red year-to-date. But unlike several picks on this list, it has more than a monthlong downward trend to reverse. Remember, Banco Santander is the largest bank in the eurozone … meaning its stock has been battered down big-time in the wake of the region’s ugly recession.
Of course, those struggles translate to potential, if you ask Bryan Perry. He originally picked Banco Santander because he thinks the monetization of write-offs and heavy intervention from the European Central Bank could carry SAN stock around 40% higher … which would definitely carry him higher in the top five of our 10 Best Stocks for 2014 race.