7 More High-Yield Stocks You Can Bank On
Almost a year after publishing my July 20, 2012 article entitled "7 High-Yield Stocks You Can Bank On," I still believe the United States banking system is awash with liquidity. Short-term CDs are still delivering sub 1% returns, folks are still largely content to leave their money in banks just to know they won't lose principal. And, each month as I review community bank stocks for my blog, I still find better alternatives for the risk averse investor with some cash to stash. So here I am! Back with an update on the seven banks profiled in that article, plus seven more for you to consider.
The original seven, ten months later...
As I write this, all of the banks I recommended in last July's article except Bank of McKenney (BOMK) are up solidly, as you'd expect, given the strong market and yield-hungry investors. Hudson City (HCBK), which was... Read more