When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
KBWB - KBWB: I See Value In U.S. Banks (Rating Upgrade)
Invesco KBW Bank ETF
2023-04-12 23:15:50 ET
Summary
The Financials sector as a whole, and banking in particular, has been hammered in 2022. This comes on the heels of bank failures.
Readers should remember that banks do fail. While never a positive for the sector, they are not as uncommon as they seem.
The recent failures could continue to encourage more depositors and businesses to move to the largest, systemically important institutions. That plays right into the hands of KBWB.