So what stocks does Miller like right now? A little more than 25% of the portfolio remained in financials as of June 30, 2009. Positions included State Street (STT), NYSE Euronext (NYX) and Goldman Sachs (GS).

Other plays would include banking survivors like JPMorgan Chase (JPM) and Wells Fargo (WFC) and well-positioned asset managers such as BlackRock (BLK) and State Street (STT).

I’d only look at banks where there’s sure to be pretax earnings. To me that means wealth banks such as State Street [STT 53.18 -0.12 (-0.23%) ], Bank of New York [BK 28.83 -0.19 (-0.65%) ] and Northern Trust [NTRS 59.23 -0.08 (-0.13%) ].

Plenty of growth left

upward motion
Seems like a stable well run trustworthy bank

One of the healthiest bank around.

Meanwhile, UBS resumed coverage of several financial stocks, with analyst Glenn Schorr assigning a neutral rating to JPMorgan and Citigroup, as well as Bank of New York Mellon (BK), Greenhill (GHL), Morgan Stanley (MS), Northern Trust (NTRS) and State Street (STT). Schorr also resumed coverage of Goldman Sachs (GS) with a buy rating. Read more here.

"Solid upgrade on State Street (STT) from SunTrust. US Bancorp (USB) recommendation." "Banks Can't Catch a Break on Good News," 6-17-09

done really well

Growth

dividends

too high?

trickey management