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Friday, 26 September 2014

Bank stocks, seen as cheap, still attract caution

A street sign is seen in front of the New York Stock Exchange on Wall Street in New York By Ryan Vlastelica NEW YORK (Reuters) - U.S. stock investors, despite finding few areas of the market that appear cheap with indexes near records, appear reluctant to jump into what could be the biggest bargain out there. By many metrics, bank stocks appear to trade at a discount, and are expected to benefit from broad economic growth and interest rate hikes. ...








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