Bank stocks tend to attract value investors because they are extremely vulnerable to external economic and other factors. Some banks are especially turning heads right because the economic recovery is still in the early stages, and bank stocks have yet to recover to the levels they were at before the global financial crisis. ValueAct Capital made a strong case for bank stocks right now in its Q1 2018 letter, and ValueWalk obtained an excerpt from that letter. ValueAct Capital makes the case for bank stocks Led by co-founder Jeffrey Ubben, ValueAct Capital said in the Q1 letter that frequently, their…
ValueAct Capital Q1 2018 Letter: Making A Case For Bank Stocks
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.