3 No-Brainer Bank Stocks to Buy Right Now for Less Than $500
Bank stocks as a category aren't usually high-growth investment vehicles. When individuals look to buy bank stocks, it's usually with their stability and, perhaps, a dividend in mind. However, not every bank stock is reliable, and not every bank stock is a slow grower.If you're looking for some great bank stocks, I recommend Ally (NYSE: ALLY), which is your reliable dividend-paying bank stock, as well as Nu Holdings (NYSE: NU) and SoFi Technologies (NASDAQ: SOFI), which are both excellent growth stocks.Ally is a stock pick of investment legend Warren Buffett, and it's easy to see why. It has a strong role in the American economy as the top prime auto lender, and it has roots that are a century old as the financial arm of General Motors. Buffett loves old, established companies, and he loves banks.Continue reading
Bank stocks as a category aren't usually high-growth investment vehicles. When individuals look to buy bank stocks, it's usually with their stability and, perhaps, a dividend in mind. However, not every bank stock is reliable, and not every bank stock is a slow grower.
If you're looking for some great bank stocks, I recommend Ally (NYSE: ALLY), which is your reliable dividend-paying bank stock, as well as Nu Holdings (NYSE: NU) and SoFi Technologies (NASDAQ: SOFI), which are both excellent growth stocks.
Ally is a stock pick of investment legend Warren Buffett, and it's easy to see why. It has a strong role in the American economy as the top prime auto lender, and it has roots that are a century old as the financial arm of General Motors. Buffett loves old, established companies, and he loves banks.
