|Day Low/High||50.87 / 52.34|
|52 Wk Low/High||26.40 / 47.62|
The optimism on the banking industry is misplaced. Quick look: USB (USB) and Bank of New York Mellon (BK) miss. The optimism on the banking industry is misplaced given the cyclical and secular headwinds (spreads under pressure, loan demand moribund,...
Leo Grohowski, CIO for BNY Mellon Wealth Management, says emerging-market stocks, especially Chinese shares, are undervalued heading into 2013.
Given its recent earnings and that it's trading higher than two larger-cap peers, it seems best to avoid the stock.
Its support is strong, and it looks headed for a 52-week high.
A look at the day's most searched trends on the Web, including Bank of America after the company reported third-quarter results beating expectations.
With financial stocks fading, it's a prime time to go fishing for quality names.
Keith Stransky, portfolio manager for the Dreyfus Select Managers Small Cap Fund, explains why he prefers boutique money managers for his fund as opposed to large, established ones.
In a challenging trading environment like this, stick to your disciplines. That's what I'm doing.
Here are some high-potential names in two beaten-down sectors: banks and infrastructure.