Monday, September 27, 2010
Go Dutch
Financial stocks used to be all the rage. Then the market tanked. But the reality is, it still takes money to make money, and no one does it better than the financial industry. Deutsche Bank (NSYE: DB) is one of the best bang for your buck right now in the finance sector. They are trading at a 4.8x multiple, significantly lower than any other publicly traded investment bank. They also have a net profit margin of 17%. 17%! Right now they are trading at their 52-week low, which is no surprise given the disgust everyone has for the industry. So pick them up, who doesn't love going Dutch?
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how long do we have to go dutch before you post something new?
ReplyDeleteYou are a little mistaken. These are Dutch banks:
ReplyDeletehttp://lerenbeleggenvoorbeginners.nl/de-beste-online-brokers/
Deutsche Bank however is a German Bank. I know it's a little confusing, but Dutch refers to the banks in the Netherlands ;)