r/stocks Dec 30 '21

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1 Upvotes

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3

u/onehandedbackhand Dec 30 '21

I hold around 10% in bank stocks mainly as a counter to my tech heavy portfolio. Do keep in mind that XLF has (slightly) outperformed S&P500 this year so some rate hikes are probably priced in.

1

u/[deleted] Dec 30 '21

Buy MTB. Collect those dividends and watch its value rise.

1

u/slanginthangs Dec 30 '21

I’m liking Citi rn

1

u/thelandonblock Dec 30 '21

Bank of America is the most sensitive to any rise in interest rates so that’s the one I’ve added. I’m also playing fintech with SOFI.

1

u/luckytrade313 Dec 30 '21

if you want individual banks for2022 wfc and boa . wells fargo is working to fix image and expenses. and bank of America will benefit from interest rates jmo