3 Sorry Bank Stocks to Sell in May While You Still Can
Barclays(BCS) investorplace.com·2024-05-29 02:38
Bank stocks in the U.S. have staged a nice recovery. The S&P Banks Select Industry Index is up 33% over the past 12 months, outperforming a 26% gain in the benchmark S&P 500 index over the same period. It’s a welcome recovery after bank stocks were hit hard during the pandemic and subsequent bear market of 2022. Banks have also struggled with high inflation and interest rates in recent years.Several leading U.S. banks, including JPMorgan Chase (NYSE:JPM) and Bank of America (NYSE:BAC), have seen their share ...