Contrarian Play: Buy Bank Stocks
In my last post, I made the case for Dividend Champion banks as a contrarian value play.
If the market is rotating from Growth to Value, likely bank investors will be beneficiaries. However, given the enormous uncertainties facing investors today, now is not the time to go far out on the risk-return spectrum.
Bank investors have historically been rewarded by sticking with high-quality banks with a proven history of generating superior risk-adjusted returns.
Likely the future will resemble the past.
The purpose of this post is to identify the