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Are you buying the too big to fail investment banks?
#24

Are you buying the too big to fail investment banks?

Quote: (02-24-2014 11:08 AM)WestIndianArchie Wrote:  

Goldman Sachs, JP Morgan, etc?

WIA

No, but I was until two months ago.

IMHO the only TBTF security still worth considering is Wells Fargo Co. (WFC). Their balance sheets look much better than other bloated financials.

Quick Ratios:
P/E: 11.84
Yield: 2.61%
EPS: 3.89

I think you could see them quoted at $80+ within a year.

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