5 Battered Banks to Cash Out of ASAP

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Bank stocks have been quite volatile for the last few years — however, strength in the financial sector in January and February might have fooled some investors in to thinking the sector is safe.

Nothing could be farther from the truth. There are a host of bank stocks that are set to crash, and crash hard.

I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. And this week, five bank stocks to sell.

Here they are, in alphabetical order. Each one of these stocks gets a “D” or “F” according to my research, meaning it is a “sell” or “strong sell.”

Comerica (NYSE:CMA) is a financial services company based in Dallas. In the last year, CMA stock has dropped 23%, compared to a gain of 6% for the Dow Jones in the same time. CMA stock gets a “D” grade for sales growth, a “D” grade for earnings growth and an “F” grade for earnings momentum in my Portfolio Grader tool. For more information, view my complete analysis of CMA stock.

HSBC Holdings (NYSE:HBC) offers personal financial services and commercial banking services. HBC stock has dipped 18% since this time last March. HBC stock gets an “F” grade for earnings growth, an “F” grade for its ability to exceed the consensus earnings estimates on Wall Street and a “D” grade for the magnitude in which earnings projections have increased over the past months in my Portfolio Grader tool. For more information, view my complete analysis of HBC stock.

KeyCorp (NYSE:KEY) owns KeyBank National Association and offers a variety of banking services. Since last March, KEY stock has slid nearly 16%. KEY stock gets an “F” grade for sales growth, a “D” grade for earnings growth and an “F” grade for earnings momentum in my Portfolio Grader tool. For more information, view my complete analysis of KEY stock.

M&T Bank Corp. (NYSE:MTB) is a bank holding company that owns both M&T Bank and Wilmington Trust. MTB is down 8% in the past 12 months, compared to gains by the broader markets. MTB stock gets a “D” grade for earnings growth, a “D” grade for earnings momentum and an “F” grade for its ability to exceed the consensus earnings estimates on Wall Street in my Portfolio Grader tool. For more information, view my complete analysis of MTB stock.

SunTrust Banks (NYSE:STI) offers a range of financial services to consumer and corporate clients. STI rounds out the list with a loss of 24% in the last year. STI stock gets an “F” grade for sales growth, a “D” grade for earnings growth, an “F” grade for earnings momentum, a “D” grade for the magnitude in which earnings projections have increased over the past months and a “D” grade for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of STI stock.

Get more analysis of these picks and other publicly-traded stocks with Louis Navellier’s Portfolio Grader tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.


Article printed from InvestorPlace Media, https://investorplace.com/2012/03/5-battered-bank-stocks-to-sell-cma-hbc-key-mtb-sti/.

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