Banks a la Mad Money

Description:

In Jim Cramer's book, "Mad Money" he describes his technique for valuing banks: 'I know that banks tend to get acquired when they sell at less than two and a half times their book value[...] Thats the best way to evaluate banks."

So I did a screen for banks with less than a $2bb market cap trading for less than 1.5x book value. I also looked for things like decreases in non-performing loans (so there isn't much default risk) and increase in deposits and branches (so I know they are increasing the book value).
Portfolio not tracked.

Most Viewed Portfolios

View All

Articles

4 Huge Stocks on Traders' Radars

10.20.14 | 01:45 PM

BALTIMORE (Stockpickr) -- Put down the 10-K filings and the stock screeners. It's time to take a break from the traditional methods of generating ...

5 Hated Earnings Stocks You Should Love

10.20.14 | 01:15 PM

DELAFIELD, Wis. (Stockpickr) -- Short-sellers hate being caught short a stock that reports a blowout quarter. When this happens, we often see a t...

More Articles
blog comments powered by Disqus
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter