Thrift industry
Article Abstract:
Higher earnings, share repurchases and consolidation are boosting thrift stock prices, making these institutions a good investment bet, at least through 1998. The consolidation trend will continue through the remainder of the decade. Investors should choose those thrifts that are highly capitalized. They should also scrutinize an institution's lending practices. The stock of GreenPoint Financial Corp is highly recommended.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Thrift industry
Article Abstract:
Thrift industry stocks outperformed the market in 1995. ATMs and other technologies are improving efficiency, and lower interest rates will increase loan activity and earnings. Competition and merger activity will improve with a special Savings Association Insurance Fund charge, and thrifts are now stronger after the 1980's S&L crisis. Investors should choose thrift stocks with strong balance sheets for commitment.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Thrift industry
Article Abstract:
Savings and loan association securities and equities are expected to offer investors superior returns on a long-range basis despite their showing only minor price changes in the 1st qtr, 1996. There appears to be a rush for thrifts to acquire, merge or consolidate and these actions have caused prices to increase 130% to 170% over book value. However, investors must be patient and await these events to take place.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Comment about this article or add new information about this topic: