Hey, Growth Investors, Here's a Dividend Stock You Might Love
When growth investors are hunting for a new holding, the list of prospects typically doesn't include bank stocks. Indeed, it's entirely possible the average growth investor has no exposure to the entire financial sector. It's just not that kind of business.
Except not every name in the broad financial sector (or the banking industry in particular) is too boring for growth-minded investors to consider. While it's a bit off the beaten path, regional bank stock New York Community Bancorp (NYSE: NYCB) brings a surprising amount of upside potential to the table, along with a healthy dividend in the meantime.
If nothing else, it would be a smart way for someone to add some diversity to an otherwise-unbalanced portfolio.
Source Fool.com
