Opinions
Norman Levine
BB&T Corp.
BBT-N
TOP PICK
Nov 08, 2019
A super-regional bank in North Carolina. It is buying/merging with another major player in the US Southeast. During the financial crisis it was in great financial shape. The stock has done well despite a lower interest rate environment. Yield 3.30% (Analysts’ price target is $55.89)
$54.775
Stock price when the opinion was issued
Financial Services
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
TOP PICK
A well run eastern seaboard bank focusing on North Carolina. In the process of buying another US SE bank -- the first merger of two major banks in the US since the financial crisis. The market likes the deal as both share prices rose on the announcement. It will become the 6th largest US bank. Yield 3.27%. (Analysts’ price target is $55.55)
Financial Services
BUY
He owns BBT-N. The company is involved in a merger with Suntrust. It is a franchised bank on the east coast where there is good economic and demographic growth. Even during the financial crisis, they managed affairs well. The US banks have been stuttering as the yield curve has become flat. He would still be a buyer here.
Financial Services
Advertising