Three Banks in Georgia Poised for Growth

By

Tim Melvin

 | Jun 25, 2014 | 3:00 PM EDT
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Yesterday CNBC released it list of the top states for doing business. They looked at things like workforce demographics, local infrastructure, costs of doing business and the legislative attitude toward business among other things. When I reviewed the list of states last night, my first thought was that one of the smartest things I ever did was leave the northeast; in addition to snow and cold, most of those states had pretty poor grades. My former home state, Maryland, came in at 35, while my friends in New York are living in the 40th most business friendly state.

My second observation was that if a state or region is particularly business-friendly, then the economy would grow and people would be making money. They would be starting businesses and creating jobs. They would also be buying homes and cars and using credit cards. Good for business means good for banks so it made sense to me to sit down and look over the top ranked states to see if we could find any trade-of-the-decade-type cheap bank stocks that would benefit from the business friendly conditions....496 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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