SunTrust Banks, Inc. (STI)

70.13
0.87 1.26
NYSE
Prev Close 69.26
Open 70.17
Day Low/High 69.96 / 70.79
52 Wk Low/High 46.05 / 71.75
Volume 18.98M
Exchange NYSE
Div & Yield N.A. (N.A)
Ride on Housing's Coattails

Ride on Housing's Coattails

If you're hesitant to chase the sector itself, here are a couple of promising ancillary plays.

Three Fail Fed Test

The banks missed on capital ratio targets. "One last thing."  -- Lt. Columbo The Fed says MetLIfe (MET), Citigroup (C) and SunTrust (STI)  missed the Fed target on capital ratios.

50 Levels I Would Buy

It is time for another levels update. Below is an updated list of buy levels on selected stocks that I have recently mentioned on Real Money Pro. (Note: Of the 50 stocks, I would only rate only three -- ProShares UltraShort 20+ Year Treasury (TBT), ...

This Wrongheaded View on the Stress Tests

I think these are far less about dividends and far more about giving banks the word that they are now safe to lend.

Another Busy Week

Many of my portfolio holdings are presenting at conferences/reporting earnings this week. Here are this week's events and earnings reports dates for portfolio positions I own (or are short): Monday, March 12 SunTrust (STI) will appear at the Third A...

The Long Hello

What I added Today, I added to STI, PEP, IFF and BRK.B longs.

Beleaguered Banks Bounce Back

Beleaguered Banks Bounce Back

It's time to stop selling the banks and to start buying them.

Digesting the Data

Digesting the Data

The information gained by leafing through the quarterly filings of the best portfolio managers is too valuable not to possess.

What's Different About Greece?

What's Different About Greece?

Unlike 2008, any outcome won't be a surprise.

More From the Street of Dreams

SunTrust receives a downgrade from Bank of America/Merrill Lynch. Brother Bank of America/Mother Merrill Lynch downgraded SunTrust (STI) to underperform from Neutral ($19 price target). I sold my long position, as posted on Friday.

The SunTrust Has Set

At least my ride in the name has ended. "One last thing." -- Lt. Columbo I have closed out my long position in SunTrust (STI) today. It's been a good ride! Again, enjoy your weekend.

SunTrust Whiffs

The bank missed EPS expectations by $0.08. SunTrust (STI), a long position of mine, looks to have earned about $0.20 a share, well below consensus of $0.28 a share. Mortgage putback costs, mortgage-servicing rights writedowns and a $100 million reve...

Like Bank of America? Buy SunTrust

Like Bank of America? Buy SunTrust

Fred Cannon, director of research at KBW, explains why SunTrust might be a better bet than Bank of America.

Getting Mugged by Mr. Market

Getting Mugged by Mr. Market

Even the smartest and most successful investors can take a beating, so let's see what we can learn from them.

Big Leverage, Small Capital

How to gain gamma without big money. Over the last few weeks, consistent with my more optimistic market view, I have employed a simple strategy of buying slightly-out-of-the-money calls on a number of long positions, including ETFC, HPQ , IFF, K, LN...

From the Street of Dreams (Part Deux)

SunTrust gets an upgrade from Macquarie. Macquarie upgrades SunTrust (STI) this morning.

Portfolio Moves

I added to 13 longs and only one short. I added to the following longs today: Financial Select Sector SPDR (XLF), XL Group (XL), T. Rowe Price (TROW), SunTrust (STI), Prudential (PRU), Och-Ziff Capital Management (OZM), MetLife (MET), Lincoln Nation...

Tax-Selling Trifecta

They are E*Trade, GM and SunTrust. My three favorite tax-selling/depressed buy candidates for a January bounce are E*Trade (ETFC), General Motors (GM), SunTrust (STI).

Getting My Wish

Sometimes they come true. This sort of low-volume selloff is exactly what I hoped for as I continue to increase my net long exposure. My buying today has been broad based - including SPDR S&P 500 ETF Trust (SPY) PowerShares QQQ (QQQ)  Financial Sele...

Buying the Dip

I have added to a basket of longs. I am treating today's swoosh lower as an opportunity to add to my net long exposure. Thus far I have added small to Financial Select Sector SPDR (XLF), Waddell & Reed (WDR), T. Rowe Price (TROW), SunTrust (STI), Me...

Recommended Reading

Run, don't walk to read Lawrence C. Strauss's take on SunTrust in Barron's. Lawrence C. Strauss had a good piece on SunTrust (STI) over the weekend in Barron's.

Answer Those Calls

They provide excellent leverage. In anticipation of a better market in 2012, I am buying slightly out-of-the-money calls in a number of stocks. Good leverage. As an example, check out General Motors (GM) January 21 and February 20 calls, Microsoft (...

Financials Lead the Way in 2012

Financials Lead the Way in 2012

The ride may be bumpy, but exposure to much-maligned financials could provide a tidy payoff.

15 Surprises for 2012

15 Surprises for 2012

What surprises might occur in 2012 -- and how can we profit?

15 Surprises for 2012

What surprises might occur in 2012 -- and how can we profit? "Never make predictions, especially about the future." -- Casey Stengel While I had a reasonably successful surprise list for 2011, with about half my surprises coming to fruition, the rea...

15 Surprises for 2012

15 Surprises for 2012

What surprises might occur in 2012 -- and how can we profit?

Some of My Favorite Things

Here is a list of my favorite current investments.  Raindrops on roses and whiskers on kittens Bright copper kettles and warm woolen mittens Brown paper packages tied up with strings These are a few of my favorite things Cream colored ponies and cri...

From the Street of Dreams

STI gets a Buy. From the Street of Dreams, UBS initiates STI with a Buy and a price target of $22. Llong STI.

From the Street of Dreams

SunTrust gets an upgrade from Sanford Bernstein. Sanford Bernstein upgrades SunTrust (STI) today.