| |
Bookmark This Article
Email Article
Send this article by email
35 Stocks Financial Sector Mutual Funds are Mocking Us With
Sectors: Computer and Technology
, Construction
, Finance
, Medical
Symbols: AIG, BAC, BBT, BLK, BRL, C, CMA, CYN, FDRY, FITB, FNM, FRE, IBN, JEF, JPM, KEY, LEH, LVS, MER, PHM, PNC, RCL, SNV, STI, UB, USB, VLY, WB, WFC, ZION
I usually post a "best of" list each week in terms of best returns. I thought it would be instructive to show the top 35 stocks (over $2 billion market cap) of the past week. The numbers are staggering... not just in the % return but I am including the market capitalization in the far left column. For those who are newer to the market, market capitalization is simply the # of shares X the stock price and it signifies "size". The scale below is billions so 13.2 = 13.2 Billion. When you cross reference the percentage moves against the market caps you can see you many "billions" have been created on paper in the last 5-6 days. Again, we've seen this action before, and you just have to shake your head when stodgy financials trade like small cap Chinese stocks or dot coms from the late 90s, falling 60%... popping 50%. $100 Billion market cap companies at that. Obviously it represents a very stable economy as financials are our "backbone"... or is it rear end? Again, for now these are the "Golden Children" but I contend the list of this and last week's winners will in fact be the "Best of (Shorts)" list in about 3-4 weeks. They have been throughout the fall winter and spring. No reason to change now. Unless you believe the economy is recovering by New Year's. p.s. someone remind me to buy Northwest Airlines the next time crude is $150. Thanks.
| Mkt Cap |
Symbol |
Company Name |
% Price |
| 13.1 |
FNM |
Fannie Mae Ord Shs |
89.7 |
| 35.9 |
WB |
Wachovia Corp Ord Shs |
84.9 |
| 6.3 |
FRE |
Freddie Mac Ord Shs |
84.4 |
| 144.1 |
BAC |
Bank of America Ord Shs |
74.7 |
| 2.2 |
NWA |
Northwest Airlines Corp |
68.5 |
| 7.9 |
RF |
Regions Financial Corp |
65.7 |
| 14.0 |
LEH |
Lehman Brothers Holdings |
52.8 |
| 2.6 |
FDRY |
Foundry Networks Inc |
50.4 |
| 100.8 |
WFC |
Wells Fargo & Co |
48.4 |
| 4.7 |
CMA |
Comerica Inc |
48.1 |
| 17.4 |
LVS |
Las Vegas Sands Corp |
47.6 |
| 14.0 |
STI |
SunTrust Banks Ord Shs |
47.0 |
| 3.0 |
ZION |
Zions Bancorp Ord Shs |
46.8 |
| 3.3 |
JEF |
Jefferies Group Inc |
45.8 |
| 8.1 |
GM |
GM Ord Shs |
45.5 |
| 15.6 |
BBT |
BB&T Corp |
43.9 |
| 113.8 |
C |
Citigroup Ord Shs |
43.5 |
| 5.8 |
KEY |
Keycorp Ord Shs |
43.3 |
| 8.6 |
FITB |
Fifth Third Banc Ord Shs |
43.2 |
| 24.3 |
PNC |
PNC Finl Service Ord Shs |
40.7 |
| 7.0 |
BRL |
Barr Pharmaceuticals Inc |
40.7 |
| 7.0 |
UB |
UnionBanCal Corp |
39.3 |
| 18.9 |
IBN |
ICICI Bank |
38.8 |
| 33.7 |
MER |
Merrill Lynch Ord Shs |
38.4 |
| 3.2 |
PHM |
Pulte Homes Ord Shs |
36.6 |
| 70.1 |
AIG |
Amer International Group Ord Shs |
36.3 |
| 2.5 |
VLY |
Valley National Bancorp |
36.2 |
| 26.0 |
BLK |
Blackrock Inc |
34.6 |
| 2.2 |
AF |
Astoria Finance Ord Shs |
34.4 |
| 52.9 |
USB |
US Bancorp Ord Shs |
33.8 |
| 5.7 |
RCL |
Royal Caribbean Cruises Ltd |
33.2 |
| 2.4 |
CYN |
City National Corp |
32.9 |
| 3.3 |
SNV |
Synovus Financial Corp |
32.0 |
| 4.0 |
MI |
Marshal & Ilsley Ord Shs |
31.8 |
| 140.0 |
JPM |
JP Morgan Chase Ord Shs |
31.7 |

More Options
Subscribe to Email Alerts  or RSS feeds  for articles from more than 300 contributors and press releases, SEC filings and full text news from thousands of sources.
Related Stories
- Analyst Comments: Allegheny, SunPower, Guess, Radio One, Repsol YPF, Cree, Chalco, Forest Oil
Sep 07, 2008 07:25 PM
- Mergers and Acquisitions Status Report for the Week (09/01/2008 - 09/05/2008)
Sep 07, 2008 05:53 PM
- Wall Street wobbles as economic landscape shifts
Sep 07, 2008 04:57 PM
- Bush: Takeover of housing giants 'critical'
Sep 07, 2008 04:57 PM
- Obama: Recession could delay rescinding tax cuts
Sep 07, 2008 03:56 PM
Related Press Releases
Releated SEC Filings
 
|
|
|