Investors who want to put new money to work in the banking sector are
finding a shrinking pool of good options out there. While there are a
few banks here and there, like
U.S. Bank (NYSE:
USB),
that still offer some solid long-term potential, most U.S. and Canadian
bank stocks have caught up to their fundamental values and so many
European banks are just a horror show of credit risk and low growth.
So what about
emerging markets?
Investors have started to worry about the growth outlook in Brazil, and
the problems in Argentina have offered up a reminder that success in
these markets can be fleeting. But Asia may be a different case. In
particular, investors may want to consider the opportunity in Korea's
leading bank
Shinhan Financial Group (NYSE:
SHG).
Please follow this link for the full article:
http://stocks.investopedia.com/stock-analysis/2012/Is-Shinhan-A-Good-Option-For-Investors-Looking-For-Banking-Performance-SHG-BNS-KB-C0612.aspx
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