Tuesday, November 26, 2013

10 Best Financial Stocks To Buy Right Now

Asian stocks rose, paring this week�� loss, as a gauge of China�� manufacturing unexpected expanded and after the Federal Reserve maintained its bond-buying program at current levels.

Panasonic Corp., Japan�� largest consumer electronics maker, climbed 6.8 percent after posting profit that beat estimates. STX Offshore & Shipbuilding Co. (067250) jumped 15 percent in Seoul after agreeing to restructure it debt. Commonwealth Bank of Australia (CBA), the nation�� biggest lender, fell 1.5 percent, pacing losses among the nation�� financial shares on a report the government will impose a new tax on banks.

The MSCI Asia Pacific Index advanced 1.2 percent to 133.85 as of 7:23 p.m. in Tokyo, with all 10 industry groups on the gauge rising. Almost three shares gained for each that fell on the measure, which is headed for a 1.1 percent loss this week. Futures on the Standard & Poor�� 500 Index added 0.7 percent.

��he market consensus is that China�� economy is slowing, but it won�� crash,��Koji Toda, chief fund manager at Resona Bank Ltd., Japan�� fifth-largest lender by market value, said in Tokyo. ��apanese stocks are rebounding after dropping yesterday, with individual shares moving according to earnings.��

10 Best Financial Stocks To Buy Right Now: Banco Bradesco SA (BBD)

Banco Bradesco S.A. (the Bank), incorporated on November 5, 1943, is commercial bank. The Bank offers a range of banking and financial products and services in Brazil and abroad to individuals, large, midsized and small companies and local and international corporations and institutions. It operates in two segments: the banking, and the insurance, pension and capitalization bonds. Its products and services encompass banking operations, such as loans and advances and deposittaking, credit card issuance, purchasing consortiums, insurance, leasing, payment collection and processing, pension plans, asset management and brokerage services. The main services it offers through Bradesco Expresso are receipt and submission of account applications; receipt and submission of account applications; Social Security National Service (INSS) benefit payments; checking and savings account deposits, and receipt of consumption bills, bank charges and taxes. In May, 2011, the Bank acquired Banco do Estado do Rio de Janeiro S.A. (BERJ).

Banking

The Banking segment includes deposit-taking with clients, including checking accounts, savings accounts and time deposits; loans and advances (individuals and companies, real estate financing, microcredit, onlending BNDES funds, rural credit, leasing, among others); credit cards, debit cards and pre-paid cards; management of receipts and payments; asset management; services related to capital markets and investment banking activities; intermediation and trading services; custody, depositary and controllership services; international banking services, and purchasing consortiums.

The Bank offers a variety of deposit products and services to our customers through its branches, including Non-interest bearing checking accounts, such as Easy Account, Click Account, Academic Account and Cell Phone Bonus Account; traditional savings accounts; time deposits, and deposits from financial institutions. As of December 31, 2011, it had 43.4 million savings a! ccounts. It offers its customers certain additional services, such as identified deposits and real-time banking transfers. Its loans and advances to customers, consumer credit, corporate and agricultural-sector loans, totaled R$263.5 billion as of December 31, 2011.

The Bank�� loan portfolio consists of short-term loans, vehicle financings and overdraft loans on checking accounts. It also provides revolving credit facilities and traditional term loans. As of December 31, 2011, it had outstanding advances, vehicle financings, consumer loans and revolving credit totaling R$58.0 billion, or 22.0% of its portfolio of loans and advances. Banco Bradesco Financiamentos (Bradesco Financiamentos) offers direct-to-consumer credit and leasing for the acquisition of vehicles and payroll-deductible loans to the public and private sectors 'in Brazil. Supported by BF Promotora de Vendas Ltda. (BF Promotora), and using the Bradesco Financiamentos brand, the Bank operates through its network of correspondents in Brazil, consisting of retailers and dealers selling light vehicles, trucks and motorcycles, to offer financing and/or leasing for vehicles. Through Bradesco Promotora brand, it offer payroll-deductible loans to social security retirees and pensioners, public-sector employees, military personnel and private-sector companies sponsoring plans, and other aggregated products (insurance, capitalization bonds, cards, purchasing consortiums, and others).

As of December 31, 2011, the Bank had 63,156 outstanding real estate loans. As of December 31, 2011, the aggregate outstanding amount of its real estate loans amounted to R$15.9 billion, representing 6% of its portfolio of loans and advances. As of December 31, 2011, it had 69,491 microcredit loans outstanding, totaling R$62.8 million. Its BNDES onlending portfolio totaled R$35.4 billion as of December 31, 2011.

The Bank provides traditional loans for the ongoing needs of its corporate customers. It had R$85.8 billion of outstand! ing other! local commercial loans, accounting for 32.5% of its portfolio of loans and advances as of December 31, 2011. It offers a range of loans to its Brazilian corporate customers, including short-term loans of 29 days or less; guaranteed checking accounts and corporate overdraft loans; discounting trade receivables, promissory notes, checks, credit card and supplier receivables, and a number of other receivables; financing for purchase and sale of goods and services; corporate real estate financing, and investment lines for acquisition of assets and machinery. As of December 31, 2011, the Bank had R$11 billion in outstanding rural loans, representing 4.2% of its portfolio of loans and advances. The Bank conducts its leasing operations through its primary leasing subsidiary, Bradesco Leasing and also through Bradesco Financiamentos.

The Bank offers electronic solutions for receipt and payment management solutions, which include collection and payment services and online resource management enabling its customers to pay suppliers, salaries, and taxes and other levies to governmental or public entities. The global cash management concept provides solutions for multinationals in Brazil and/or domestic companies operating abroad. It manages third-party assets through mutual funds; individual and corporate investment portfolios; pension funds, including assets guaranteeing the technical provisions of Bradesco Vida e Previdencia, and insurance companies, including assets guaranteeing the technical provisions of Bradesco Seguros.

The Bank�� subsidiaries Bradesco S.A. CTVM and Agora S.A. CTVM (or Bradesco Corretora and Agora Corretora, respectively) trade stocks, options, stock lending, public offerings and forwards. They also offer a range of products, such as Brazilian government securities (under the Tesouro Direto program), BM&F trading, investor clubs and investment funds.

The Bank offers a range of international services, such as foreign exchange transactions, foreign tr! ade finan! ce, lines of credit and banking. As of December 31, 2011, its international banking services included New York City, a branch and Bradesco Securities Inc., its subsidiary brokerage firm, or Bradesco Securities United States, and its subsidiary Bradesco North America LLC, or Bradesco North America; London, Bradesco Securities U.K., its subsidiary, or Bradesco Securities U.K.; Cayman Islands, two Bradesco branches and its subsidiary, Cidade Capital Markets Ltd., or Cidade Capital Markets; Argentina, Banco Bradesco Argentina S.A., its subsidiary, or Bradesco Argentina; Banco Bradesco Luxemburgo S.A. its subsidiary, or Bradesco Europe; Japan, Bradesco Services Co. Ltd., its subsidiary, or Bradesco Services Japan; in Hong Kong, its subsidiary Bradesco Trade Services Ltd, or Bradesco Trade, and in Mexico, its subsidiary Ibi Services, Sociedad de Responsabilidad Limitada, or Ibi Mexico.

The Bank�� Brazilian foreign-trade related business consists of export and import finance. In addition to import and export finance, its customers have access to a range of services and foreign exchange products, such as purchasing and selling travelers checks and foreign currency paper money; cross border money transfers; advance payment for exports; accounts abroad in foreign currency; cash holding in other countries; collecting import and export receivables; repaid cards with foreign currency (individual), and structured foreign currency transactions through its foreign units.

Insurance, pension plans and capitalization bonds

The Bank offers insurance products through a number of different entities, which it refers to collectively as Grupo Bradesco Seguros. It offers life, personal accident and random events insurance through its subsidiary Bradesco Vida e Previdencia. It offers health insurance policies through Bradesco Saude and its subsidiaries for small, medium or large companies. It provides automobile, property/casualty and liability products through its subsidiary Bradesco Auto! /RE. It a! lso offers certain automobile, health, and property/casualty insurance products directly through its Website.

10 Best Financial Stocks To Buy Right Now: Apollo Investment Corporation(AINV)

Apollo Investment Corporation is business development company and operates as a closed-end management investment company. The company invests in middle market companies. It provides direct equity capital, mezzanine and senior secured loans, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The company may also invest in public companies that are thinly traded and may acquire investments in the secondary market. It prefers to invest in warrants, makes equity co-investments, and may also invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of public companies that are not thinly traded. The company typically invests in building materials, business services, cable television, chemicals, consumer products, direct marketing, distribution, energy and utilities, financial services, healthcare, manufacturing, media, publishing, retail and transportation. It primarily invests between $20 million and $250 million in its portfolio companies. The company seeks to make investments with stated maturities of five to ten years.

Advisors' Opinion:
  • [By Tim Melvin]

    Here are a couple private equity-powered dividend stocks on my radar right now:

    Apollo Investment (AINV)

    Apollo Global Management (APO) is one of the world�� largest asset management and private equity firms with more than $100 billion under management. Its largest publicly offered vehicle is Apollo Investment (AINV), a business development company that invests in and ends to middle-market companies and pays out 90% of its net income to shareholders.

Top Financial Stocks To Watch For 2014: Fulton Financial Corporation (FULT)

Fulton Financial Corporation operates as a multi-bank financial holding company that provides various banking and financial services to businesses and consumers. It offers various deposits, such as checking account and savings deposit products, certificates of deposits, and individual retirement accounts. The company also provides consumer lending products, including commercial and industrial, financial, agricultural, and real estate loans; secured consumer loan products comprising home equity loans and lines of credit; fixed and variable-rate products, including construction loans and jumbo loans; residential mortgages; and consumer loan products consisting of automobile loans, automobile and equipment leases, personal lines of credit, and checking account overdraft protection. In addition, it offers equipment leasing, letters of credit, cash management services, and traditional deposit products; and investment management, trust, brokerage, insurance, and investment advis ory services. Further, the company is involved in reinsuring credit life, and accident and health insurance; and sells various life insurance products. As of March 19, 2013, Fulton Financial Corporation operated 267 branches in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. The company was founded in 1882 and is headquartered in Lancaster, Pennsylvania.

10 Best Financial Stocks To Buy Right Now: Ohio Legacy Corporation(OLCB)

Ohio Legacy Corp. operates as a bank holding company for Premier Bank & Trust, National Association that provides retail and commercial banking services to its customers located in Stark, Wayne, and Belmont Counties in Ohio. The company offers a range of deposit products, including interest-bearing demand deposits, noninterest-bearing demand deposits, personal and business checking, time accounts, savings and money market accounts, certificates of deposit, Internet banking, cash management, and direct-deposit services. It also provides commercial loans, construction loans, real estate mortgage loans, home equity lines of credit, and installment and personal loans. In addition, the company offers safe deposit box facilities, courier services, night depository facilities, Internet banking, cash management, direct-deposit services, and electronic funds transfer services, as well as provides trust, wealth management, and investment brokerage services. It provides its banking s ervices through its four branch offices and a trust office. The company was founded in 1999 and is based in North Canton, Ohio. Ohio Legacy Corp. is a subsidiary of Excel Bancorp, LLC.

10 Best Financial Stocks To Buy Right Now: Intact Financial Corp (IFC.TO)

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products for individuals and small to medium size businesses primarily in Canada and the United States. It underwrites standard and non-standard automobile, home, and commercial property insurance products. The company markets its products through a network of insurance brokers or directly under the Intact Insurance, belairdirect, GP Car and Home, JEVCO, and Novex Group Insurance brands. The company was formerly known as ING Canada Inc. and changed its name to Intact Financial Corporation in May 2009. Intact Financial Corporation was founded in 1809 and is based in Toronto, Canada.

10 Best Financial Stocks To Buy Right Now: The Blackstone Group L.P.(BX)

The Blackstone Group, L.P., together with its subsidiaries, provides alternative asset management and financial advisory services worldwide. The company operates in five segments: Private Equity, Real Estate, Hedge Fund Solutions, Credit Businesses, and Financial Advisory. The Private Equity segment involves in private equity investing through five general private equity funds and one specialized fund focusing on communications-related investments. This segment engages in various transactions comprising leveraged buyout acquisitions of seasoned companies, transactions involving growth equity or start-up businesses in established industries, minority investments, corporate partnerships, distressed debt, structured securities, and industry consolidations. The Real Estate segment manages general opportunistic real estate funds and internationally focused opportunistic real estate funds. This segment also has debt investment funds targeting non-controlling real estate debt-rel ated investment opportunities in the public and private markets, primarily in the United States and Europe. The Hedge Fund Solutions segment manages funds of hedge funds, and Indian-focused and Asian-focused closed-end mutual funds. The Credit Businesses segment manages credit-oriented funds, CLOs, credit-focused separately managed accounts, and publicly registered debt-focused investment companies. The Financial Advisory segment offers financial and strategic advisory, including corporate finance, and mergers and acquisitions advice; restructuring and reorganization advisory; and fund placement services for alternative investment funds. Blackstone Group Management L.L.C. operates as the general partner of the company. The Blackstone Group, L.P. was founded in 1985 and is headquartered in New York, New York.

Advisors' Opinion:
  • [By Amanda Alix]

    For Wall Street types, single-family foreclosures can be bought cheaply and in bulk, then fixed up and rented. Companies like the Blackstone Group (NYSE: BX  ) and Colony Financial (NYSE: CLNY  ) have been very active in this market, with the former purchasing 16,000 homes just last year, and the latter ramping up its own portfolio to approximately 7,000. This new industry has also spawned fresh entrants from the REIT field, Silver Bay Realty (NYSE: SBY  ) and Altisource Residential, (NYSE: RESI  ) two trusts that were spun off earlier this year from parent companies Two Harbors Investment (NYSE: TWO  ) and Altisource Portfolio Solutions (NASDAQ: ASPS  ) , specifically to take advantage of the boom in the foreclosure-to-rental market.

  • [By Matt Koppenheffer and David Hanson]

    Shares of The Blackstone Group (NYSE: BX  ) took a 5% hit today. In this segment, Matt talks about a lesser-discussed metric here at the Fool, the beta of a stock, and tells investors that Blackstone's high beta indicates that this stock tends to experience an increased amount of volatility when compared to the broader market.

10 Best Financial Stocks To Buy Right Now: Weingarten Realty Investors(WRI)

Weingarten Realty Investors operates as a real estate investment trust (REIT). The company engages in the management, acquisition, and development of real estate. It operates in two segments, Shopping Center and Industrial. The Shopping Center segment engages in the acquisition, development, and management of real estate, primarily anchored neighborhood and community shopping centers located in Texas, California, Louisiana, Arizona, Nevada, Arkansas, New Mexico, Oklahoma, Tennessee, Kansas, Colorado, Missouri, Illinois, Florida, North Carolina, Mississippi, Georgia, Utah, Kentucky, and Maine. Its customer base includes supermarkets, discount retailers, drugstores, and other retailers. The Industrial segment engages in the acquisition, development, and management of bulk warehouses and office/service centers. Its properties are located in Texas, Nevada, Georgia, Florida, California, and Tennessee. As of June 30, 2005, Weingarten Realty Investors owned or operated under long -term leases, directly or through its interest in joint ventures or partnerships, a total of 350 developed properties and 3 properties that are in various stages of development. Its properties include 294 shopping centers and 59 industrial properties. Weingarten Realty Investors qualifies as a REIT for federal income tax purposes. As a REIT, it would not be taxed on the portion of its income, which is distributed to shareholders, provided it distributes at least 90% of its taxable income. The company was founded in 1948 and is based in Houston, Texas.

10 Best Financial Stocks To Buy Right Now: First Bancshares Inc.(FBSI)

First Bancshares, Inc. operates as the bank holding company for the First Home Savings Bank that offers a range of community banking products and services in Missouri. It primarily engages in generating deposits and originating loans. The company?s deposit products include negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans. Its loan portfolio comprises real estate loans, such as residential mortgage, commercial real estate, land, and second mortgage loans; consumer loans, including automobile, recreational vehicles, mobile home, savings account, and various other consumer loans; and commercial business loans. As of February 14, 2012, the company operated from its home office in Mountain Grove and 10 full service offices in Marshfield, Ava, Gainesville, Sparta, Springfield, Theodosia, Crane, Galena, Kissee Mills, and Rockaway Beach, Missouri. First Bancshares, Inc. was founded in 1 911 and is based in Mountain Grove, Missouri.

10 Best Financial Stocks To Buy Right Now: Home Federal Bancorp Inc. of Louisiana(HFBL)

Home Federal Bancorp, Inc. of Louisiana operates as the holding company for Home Federal Bank, which provides financial services to individuals, corporate entities, and other organizations in northwest Louisiana. The company?s deposit products include savings accounts, NOW accounts, money market accounts, and certificate accounts, as well as passbook savings, certificates of deposit, and demand deposit accounts. Its loan portfolio comprises real estate loans, such as one to four family residential loans; commercial-real estate loans; multi-family residential loans; commercial business loans; land loans; construction loans; home equity and second mortgage loans; equity lines of credit; and consumer loans, including loans secured by deposit accounts, automobile loans, and other unsecured loans. The company also offers wealth management services. As of December 7, 2010, it operated through its main office, two branch offices, and one agency office in Shreveport, Louisiana. T he company is based in Shreveport, Louisiana.

Advisors' Opinion:
  • [By Lauren Pollock]

    Bank-holding company Banner Corp.(BANR) on Tuesday said it had agreed to buy Home Federal Bancorp Inc.(HFBL) (HOME) for $197 million in cash and stock. The deal, expected to close in the first quarter of 2014, will result in a combined company with about $5.2 billion in assets, making it the fourth-largest bank in the Pacific Northwest by assets, the companies said.

10 Best Financial Stocks To Buy Right Now: Argo Group International Holdings Ltd.(AGII)

Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty market worldwide. The company?s Excess and Surplus Lines segment underwrites casualty, property, transportation, and binding authority for commercial enterprises, including restaurants, contractors, day care centers, apartment complexes, condominium associations, manufacturers, and distributors; and offers policies for medical facilities within the social services, miscellaneous healthcare, and long term care markets, as well as for lawyers, miscellaneous professions, employment practices, and real estate related accounts. This segment also provides package policies for environmental consultants and contractors, storage tanks, dry cleaners pollution liability, as well as other environmental related liability exposures; and coverage for architects and engineers, accountants, and insurance agents. Its Commercial Specialty segment offers property casu alty and surety coverages; and underwrites business coverage for small commercial businesses comprising office, retail operations, light manufacturing, services, and restaurants. This segment also provides general and automobile liability, automobile physical damage, property, inland marine, crime, public official?s and educator?s legal liability, employment practices, law enforcement liability, environmental and lawyers professional liability, student accident, police and firefighters accident, workers compensation, inmate medical, and tax interruption coverages. In addition, the company?s International Specialty segment covers claims arising from catastrophic events, such as hurricanes, windstorms, hailstorms, earthquakes, volcanic eruptions, fires, industrial explosions, freezes, riots, floods, and other man-made or natural disasters. Further, its Syndicate 1200 segment underwrites property and non-U.S. liability insurance. The company was founded in 1986 and is based in Pembroke, Bermuda.

Advisors' Opinion:
  • [By CRWE]

    Argo Group International Holdings, Ltd. (Nasdaq:AGII), an international underwriter of specialty insurance and reinsurance products, reported that its board of directors has declared a quarterly cash dividend of 12 cents per share on the company’s common stock.

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