|Day Low/High||8.68 / 9.19|
|52 Wk Low/High||6.27 / 17.42|
Banks and insurers have surged on hopes of rate rises. What now?
Shares of General Electric are higher Tuesday on word the company agreed to sell its $1.4 billion restaurant finance business to three regional buyers.
It appears there's a glimmer of hope for First Horizon National as shares are likely to go up.
Then we might see the performance and growth that bank stocks used to give.
Despite positives, First Horizon has 3 strikes against it.
The strongest sector right now is benefiting from interest rates talk.
Where it began. The rundown: U.S. futures are higher this morning (S&P up 6 handles, Nasdaq up 18 handles). European stocks are climbing, too (by about 0.8%). Nikkei is up 0.88%. Within the Nikkei, all major sub-groups finished in the green. Telecom...
EJF Capital's 13F filings provide good sources for these investment picks.
Jim Cramer and Stephanie Link, co-portfolio managers of Action Alerts Plus, say if you believe the yield curve will get steeper, buy the banks.
Here are the first four areas out of 10 that should continue to flourish this year.
Politicians are standing in the way of the growth that can propel stocks higher.
There are hundreds of stocks that might not even bother to exist for all this market cares.