3 Investment Bank Stocks With Valuations Too Cheap to Ignore

There's no doubt that the first half of this year is one that investors would like to forget. The stock market is off to its worst start in over 50 years, with the S&P 500 index falling 21% through June.

Bear markets can be mentally taxing for investors, but history suggests that they present great buying opportunities for those investors who are patient. Since 1950, the average correction in the market lasts about six months.

Investment banks have been hit especially hard, seeing deals come to a screeching halt. While short-term pain could continue, demand for deals remains strong. Current fears have many of these companies trading at a valuation so cheap they are hard to ignore. Here are three stocks to consider.

Source Fool.com