The management of BB&T (NYSE:BBT)
once enjoyed a pretty sterling reputation for their performance, but a
variety of missteps seem to be accumulating. Couple that with “industry
standard” mediocre performance, and I can understand why BB&T shares
have gone almost nowhere over the past year and are, in fact, one of
the worst performers of the peer group. For investors willing to play
the long game, though, I do believe that meaningful value remains in
these shares at today's price.
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