Three Banks in Georgia Poised for Growth


Tim Melvin

 | Jun 25, 2014 | 3:00 PM EDT
  • Comment
  • Print Print
  • Print

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.

Read the full story and get access to the Real Money trading floor.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. Staffed with nearly 3 dozen investing pros, money managers, journalists and analysts, Real Money gives you a flood of opinions, analysis and trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please Login
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.