All Posts Tagged With: "competitive advantage"

Stock Profits from Today’s Maximum Pessimism

Yesterday was a train wreck for State Street Corp. (NYSE: STT). The stock cratered 59%. But don’t read too much into it…

Sure, the company’s quarterly results sent most investors into shock. A 71% drop in earnings? Another $1 billion in new credit exposures? If no one’s lending, how in the world are they just now discovering this liability?

investment U

I’ll be the first to confess, I flubbed the extent of the downturn in the financial space. Last April, I recommended “backing up the truck” and playing the rebound via the Financial Select Sector SPDR…

27Jan2009 | Investment U | Comments Off | Continued

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