ING Groep NV (ING)

(Past Top Pick Aug. 22, 2018, Down 10%) Rising interest rates in Europe will be a massive tailwind for ING. It's a banking play that'll benefit from interest rates. Get a 5% dividend and are netting $1.5-2-billion per quarter. They're doing well, but there's no money flow. You're paid 5% to wait.

(A Top Pick November 28, 2017. Down 26%). This is a compelling buy. Investors are getting a huge dividend, over 5%, from a company that is financially healthy.

The European banks lag the US and Canadian ones. It trades within the $12-14 range. The trend is still down. Could be dead money even if you buy at $12. There's no momentum now. Pays a 6% dividend.

(A Top Pick August 24/17, Down 25%) Sold it in May. Low interest rates in Eurozone continuing, global synchronized growth not happening. Also political risks.

(A Top Pick October 23/17 Down 27%) With long term interest rates being so low to keep the yield curve flat, they have struggled to make their targets. When Europe decides to increase interest rates, this will rise smartly. Yield 4.1%

Everything is going right for ING. It is growing earnings by 10% and it offers a healthy dividend yield. European financials have been under pressure, but ING is extremely well capitalized and it is benefitting from the European recovery. They are a retail bank with no exposure to investment banking. There are no messes at ING. This is a clean company trading at less than 10x earnings. He sees it as an extremely compelling long-term investment.

Are lower risk. Are consistently doing about 1-1-5 million Euros of profit per quarter. Going to make money when ECB starts to hike rates. Yield = 5.6% (Analysts’ price target is Euro 15.52)

Wouldn’t touch it yet. Around Brexit lows, around $10, could make a case that there’s some value. You want to see the downward trend end or stabilize, and we’re not there yet.

It's fallen since the winter. Hang your hat around $13-15. That said, you can find a better financial name elsewhere. If this falls anouther dollar, it'll like fall to $9.