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May 31, 2016
Banking On The Financial Sector
Regular followers know that since the recession I have been a heavy investor in U.S. banks. That has paid off beautifully with both Fidelity Southern (LION – Nasdaq) and VIST Financial, which was taken over by Tompkins Financial (TMP – NYSE), being sold for huge gains. Plus there were dividends to boot!
Though it is harder to find bargains in the financial sector now, United Security Bancshares (USBI – Nasdaq) was added to the President’s Portfolio in December at...