Bank stocks under $10 a share

By Edward Harrison On Feb 20, 2009

An ugly day in the markets has just ended with the financial services sector taking a beating in particular. Many shares in the sector trade for under $10. Bottom fishers might see this as a buying opportunity. Is it?

Under $10 a share:
Bank of America
Citigroup
Citizens Republic
Dearborn
First Financial
Fifth Third
Huntington Bancshares
Keycorp
Mercantile
M&I
Sun Trust
Zions

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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1 Comment

Tom Lindmark says 16 years ago

It’s a buying opportunity in the same sense that a long shot at the track is. If you can afford to lose whatever you put down entirely the payoff can be spectacular.

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