Opinions
Mark Grammer
Societe Generale A
SCGLY-5
COMMENT
Dec 16, 2016
N/A
Stock price when the opinion was issued
Financial Services
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Financials have had a great run. This has been one of the better performing banks. The financial pendulum is starting to move back. French banks have pretty good exposure to the European continent. If his theory on an improving European economy works out, companies like this should do well. However, much of that is priced in now, and he thinks it is going to pause for a bit, but there is still upside.