2 Financial Stocks on My Radar
One might look at the performance of the financial sector this year, down about 18% as of Wednesday's close, and just write off the whole sector until better days. But that would be a mistake for two reasons.
First, there are some great values among downtrodden stocks in the sector right now. And second, the sector is not a monolith. While some industries, like banks, for example, are struggling mightily through this recession, there are others, like fintechs and financial services, that are doing well.
When you examine it more closely, there are many stocks within the sector that have been overlooked, perhaps due to guilt by association. Here are two that are on my radar.
Source Fool.com