I first wrote about the small bank called Little bank Inc (OTC: LTLB) in Nov, 2011. This is a quick update on that article. After strong performance since 2011, the stock split in the ratio of 21:20 on Nov 11, 2013. On Friday it closed at $11.25. Currently the bank has a market capitalization of …
The S&P 500 is up 26.62% YTD on price return basis. But the STOXX Europe 600 is up by only 20.07% YTD on US dollar price return terms. This index is composed of 600 companies across 18 counties of Europe including the UK and hence can be considered as a proxy for European markets similar …
Continue reading ‘Ten European Stocks To Consider For 2014 and Beyond’ »
Sir John Marks Templeton was a pioneer global investor who founded the Templeton Mutual Funds. An extraordinary man he was very smart even in his early life. He was a superb stock picker. In 1939 when investors were fleeing the markets due to World War II he bought 100 shares of each stock that was …
There are over 7,000 commercial and community banks in the U.S. In addition, there are over 7,000 credit unions. Hence consumers have a plenty of choices to choose a bank that they want bank with. However the big four “super-banks” dominate the industry just like in other industries. These “super-banks” are Bank of America (BAC), …
Continue reading ‘Some Comments On The U.S. Banking Industry’ »
The S&P 500 is up 26.72% YTD in terms of price returns and 29.22% based on total returns. Given the strong up this year, many investors are wondering if U.S. stocks are overvalued or fairly valued. With about a month to go this year, any further run to the upside will make the returns even …
Continue reading ‘Historical Performance and Valuation of the S&P 500 Index’ »