Buy with Care if you Dare
Webster Financial (WBS) ($22.92) is a community bank in the Northeast with a "BUY" rating according to ValuEngine with a one-year price target at $24.92. WBS is not overexposed to CRE loans and additional upside is possible as long as my quarterly pivot holds at $22.22.
Citizens Banking Corp (CRBC) ($17.17) is a community bank in the Midwest with a "STRONG BUY" rating according to ValuEngine with a one-year price target at $20.18. CRBC is not overexposed too CRE loans and has upside to its weekly risky level at $18.09.
Bank of the Ozarks (OZRK) ($31.43) is a community bank in the Southeast with a BUY rating according to ValuEngine with a one-year price target at $34.20. OZRK is overexposed to CRE loans with a C&D ratio at 132.7% and a CRE ratio at 390%. This bank has been an acquirer of assets on Bank Failure Fridays, but I would book profits on strength to weekly and semiannual risky levels at $32.71 and $34.82.Texas Capital Bancshares (TCBI)($38.25) is a community bank in the Southwest with a BUY rating according to ValuEngine with a one-year price target at $41.54. TCBI is not overexposed to CRE loans and at a new all time high on Friday it's a pure play on MOJO, which requires a sell stop on a close below this week's pivot at $37.13. UMPQUA Holdings (UMPQ) ($13.50) is a community bank in the West with a BUY rating according to ValuEngine with a one-year price target at $14.21. UMPQ is overexposed to CRE loans with a CRE ratio of 373.0%. This bank has been used by the FDIC as a consolidator of assets. My quarterly value level is $10.36 with weekly and annual risky levels at $14.20 and $15.50.
Disclosure: I have no conflicts with any of these stocks. Newmont Mines is in my ValuTrader Model Portfolio, a subscription newsletter available at ValuEngine.com.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV