My highest-conviction investment idea during the COVID-19 crash was the American banking sector, specifically the SPDR S&P Bank ETF (NYSE: KBE). American banks went into the pandemic with historically strong balance sheets. They were at no risk of failure. On top of that, the rock-bottom valuations that were available as the market panicked made this exchange-traded fund an extraordinary opportunity. This bank trade worked out great. The banking sector doubled within a year, far outpacing the S&P 500. Now here we are in the midst of another market panic in the financial sector. And I believe opportunity is knocking again. To find out which national bank The Value Meter is bullish on, keep reading... |
Tidak ada komentar:
Posting Komentar