The Panic-Proof Portfolio (Stockchase Research)
Customers Bancorp, Inc.
CUBI-N
PAST TOP PICK
Oct 19, 2021
(A Top Pick Jul 20/21, Up 25.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CUBI is progressing well and has achieved its $46.50 objective. To remain disciplined, we recommend covering half the position here and keeping the trailing stop set at $38.
Stockchase Research Editor: Michael O'Reilly CUBI is a $1.7 billion regional banking company operating 12 full service branches based in Pennsylvania. It went public back in 2013. It trades at 6x earnings and at 1.1x book value. With earnings growth over the next five years expected at 10%, its PEG ratio is a very low 0.6. We would buy this with a stop loss at $30, looking to achieve $46.50 -- upside potential over 24%. Yield 0% (Analysts’ price target is $46.38)
(A Top Pick Jul 20/21, Up 18.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CUBI is progressing well. We now recommend trailing the stop (from $30) to $38. If triggered, this would all but guarantee a marginal return on the original recommended entry level.
(A Top Pick Jul 20/21, Up 90.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CUBI is progressing well. We now recommend trailing the stop up (from $38) to $55.
Stockchase Research Editor: Michael O’Reilly We again reiterate CUBI, a $1.7 billion regional banking company operating 12 full service branches based in Pennsylvania, as a TOP PICK. It trades at 8x earnings, compared to peers at 12x and is at just over 2x book value. We like how cash reserves continue to build while they have paid down debt and bought back shares. We continue to recommend a $55 stop loss at $30, looking to achieve $74.50 -- upside potential over 26%. Yield 0%
(A Top Pick Jan 25/22, Down 6.1%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with CUBI has triggered its stop at $55. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 12%, when combined with our previous buy recommendation.
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.