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7 pts

Opinion on  Huntington Bancshares Inc. (HBAN)     Sector: Financial  >  Industry: Regional Banks
HBAN bottom picking

Jun 24, 2008 10:53 PM UTC
Jpeg_sun4agk
Return Risk
+0.52% LOW
Sr. Associate

Yes Cramer the banking stocks are in a bad way. HBAN has been off my list since 1990 but now I am adding it back on. Insiders holding as well as institutions adding not to mention a 7% dividend and options up to 2010. A ST risk yes. LT a great payback. Buy lo ans sell HI. I own NYB which did great now it is HBAN turn.

Update 10/22:

HBAN seems to be floating again with a nice yield of 5.70%.  Just hope we do not encounter any head winds.


HBAN:  This call was made on 06/24/08 @ $5.89
Rating:   Positive   $5.89 (06/24/08)
Gain/Loss:   +24.79% in 197 days
Target:   $8.25 (+40.07%) in > one year


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