EXCLUSIVE OFFER: Jim Cramer’s Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he’s trading today with a 14-day FREE pass.Comments Value investors may look at the resource sector as being inexpensive, but these companies are trading at levels that support the consensus view that growth in the months ahead will be unimpressive. The rally in bank companies is somewhat surprising: growth in financial companies depends on higher economic activity. Investors should still keep an eye on Bank of America (BAC), Banco Santander (SAN), and Citigroup (C). If the appreciation in shares were based on improving fundamentals in banking activity, then investors should expect more upside. Housing activity showed strength in the last few months in the U.S.. This would lead to more lending, and more business lending activity, and ultimately more upside for banks.
Are These Two Sectors Poised For Upside?
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts