Investopedia: Core Growth At Wells Fargo Is Weak, But The Multiple Doesn't Look Demanding

During bull markets, investors typically prize growth more than anything and that would seem to explain a lot of the relative valuations I'm seeing in the banking sector these days. To wit, investors don't seem nearly as concerned about quality or long-term business prospects as the they do about the near-term growth and capital returns potential. That may be frustrating for Wells Fargo (NYSE:WFC) shareholders in the short term, but I think it does leave some long-term potential in the shares today.

Please follow this link for the full article:
http://www.investopedia.com/stock-analysis/041213/core-growth-wells-fargo-weak-multiple-doesnt-look-demanding-wfc-jpm-bac-usb.aspx

Seeking Alpha: AFP Provida - A Very Different Dividend Play

There aren't too many companies out there quite like AFP Provida (PVD). Provida is part of the Chilean pension system; a system that requires Chilean workers to contribute to privately-run pension plans that manage the money on their behalf for retirement. With a growing population and a lucrative fee-collecting business, Provida is an interesting way for American investors to collect significant dividends from a company heavily levered to economic growth in one of the more stable Latin American economies.

A Weird Mix Of Private And Public
There is nothing especially normal or straightforward about the system in which Provida operates. A long time ago now, the Chilean government decided to scrap its public retirement system in favor of a system that would let private pension companies invest and manage money on behalf of workers.

Read the complete piece here:
AFP Provida: A Very Different Dividend Play