April 13, 2024
Banks were worth owning before the SVB collapse and are even better investments now, say these strategists.

Banks were worth owning before the SVB collapse and are even better investments now, say these strategists.

Wall Street is looking at a solid setup for Wednesday, as investors continue to emerge from their hiding places looking to see if the coast is truly clear from that pesky banking crisis.

That brings us to our call of the day, which is rallying around bank stocks and suggesting investors do the same, from Ed Yardeni, president and chief investment strategist at Yardeni Research, along with Joe Abbott, chief quantitative strategist.

“The…

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