- There has been a significant amount of M&A activity in the banking industry for the month of June; public and private.
- A handful of banks continue of open new branches and grow their deposit base.
- It is not uncommon to see significant repurchase programs in an undervalued industry.
- The banking industry is an unfollowed sector, yet has a significant amount of actionable ideas presenting themselves to investors every month.
When I first started investing, I followed and invested in some of the most popular stocks: Apple (NASDAQ:AAPL), Exxon Mobil (NYSE:XOM) and Waste Management (NYSE:WM) to name a few. My research style was easy. All I had to do was pull up the recent 100 or so articles written about those companies and boom, no independent research was needed.
The entirety of this article can be found at Seeking Alpha.