Fast Money's Financial Bottom Stock Picks
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Date updated:08-27-2008

"I think we’ve already seen the bottom in financials,” says Mendon Capital Advisors president and chief investment officer Anton Schutz on Fast Money. “I think it was in July when there was the fear of failure in Freddie and Fannie and IndyMac was seized. There was blood in the Street and we certainly saw plenty of panicking. I don't think we'll retest those lows."

symbol name last price % change open
  • +
  • TFSL
    Tfs Financial Cor
  • $11.60
  • 0.00%
  • $N/A

Anton Schutz, portfolio manager of Burnham Asset Management, joined the traders to discuss his belief that the financial stocks have bottomed. He sees opportunity in financial stocks like TFS Financial (TFSL) and American Capital Agency (AGNC). He said TFS has too much capital and they are buying back stock.

People owning TFSL also tend to own: BACCBOUPMUSIRIAXTG.PKBRNCCHINA

TheStreet.com Rating: C- What is this?

  • +
  • AGNC
    American Capital
  • $26.25
  • 0.00%
  • $N/A

Anton Schutz, portfolio manager of Burnham Asset Management, joined the traders to discuss his belief that the financial stocks have bottomed. He sees opportunity in financial stocks like TFS Financial (TFSL) and American Capital Agency (AGNC). He said TFS has too much capital and they are buying back stock.

People owning AGNC also tend to own: AAPLETFCFIGDKMPMSFTWMT

TheStreet.com Rating: No Rating What is this?

  • +
  • HCBK
    Hudson City Banco
  • $13.11
  • -0.83%
  • $13.25

REGIONAL BANKS: TFS Financial (TFSL), American Capital Agency (AGNC) Hudson City Bancorp (HCBK), People's United Financial (PBCT)

People owning HCBK also tend to own: CLJCPUTXCATCVXDNAGOOG

TheStreet.com Rating: B What is this?

  • +
  • PBCT
    People's United F
  • $16.01
  • +0.69%
  • $16.04

REGIONAL BANKS: TFS Financial (TFSL), American Capital Agency (AGNC) Hudson City Bancorp (HCBK), People's United Financial (PBCT)

People owning PBCT also tend to own: MOVTRCSECVXDDEODRE

TheStreet.com Rating: C+ What is this?

  • +
  • NLY
    Annaly Capital Ma
  • $17.63
  • +3.34%
  • $17.24

MORTGAGE REITs: Annaly Capital Management (NLY), American Capital Agency Corp. (AGNC)

People owning NLY also tend to own: ABTAMXAUYBAPBRK.BBVFDD

TheStreet.com Rating: B+ What is this?

  • +
  • FII
    Federated Inv Inc
  • $27.27
  • +2.44%
  • $26.80

ASSET MANAGERS: Federated Investors (FII), Janus Capital Group (JNS)

People owning FII also tend to own: AAVAEROALLAOSASHBACBER

TheStreet.com Rating: B- What is this?

  • +
  • JNS
    Janus Cap Gp Cmn
  • $13.98
  • +4.95%
  • $13.52

ASSET MANAGERS: Federated Investors (FII), Janus Capital Group (JNS)

People owning JNS also tend to own: AMTANFAVIDCNOCOHCOSTESI

TheStreet.com Rating: D What is this?

  • +
  • JPM
    Jp Morgan Chase C
  • $44.35
  • +2.00%
  • $43.93

MONEY CENTER BANKS: JPMorgan (JPM)

People owning JPM also tend to own: AAAIGIBMINTCJNJKOMSFT

TheStreet.com Rating: B- What is this?

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