How to Find Lucrative Financial Institution Stocks
The recent economic and stock market meltdown started with the implosion of a handful of big banks and Wall Street brokerage firms. And the financial sector continues to feel the pain. Shares of Citigroup (NYSE: C), for example, traded at more than $55 a share in mid-2007 but sell for less than $3 now. American International Group (NYSE: AIG), once considered an outstanding insurance company, has seen its stock plunge by 96% in the past 12 months.