INVESTING: Financial stocks lack allure as interest rates increase
Investors in the financial stocks arena are probably nervous that the record string of Federal Reserve interest rate increases will hurt bank earnings. I fall in the d o n ‘t – fi g h t – t h e – trend camp, but there are some interesting situations surfacing. If you are strictly a value investor and I threw this on your plate, you’d be running to buy the stock. A company consistently growing earnings at 12 percent a…