Monday, December 12, 2005
US Financial Stocks Look Golden in 2006
S&P, Beth Piskora, 12 December 2005S&P has upgraded the sector to "overweight," along with consumer staples and health care. One reason: The Fed may quit tighteningOn Dec. 8, Standard & Poor's upgraded its recommendation for the financial services sector to overweight from marketweight. "Financials look good to us fundamentally and technically," says Sam Stovall, S&P's chief investment strategist
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