2 Incredibly Cheap Fintech Stocks to Buy Now
Bank of America(BAC) The Motley Fool·2024-04-22 10:07
Thanks to interest rate headwinds and economic uncertainty, there are some bargains in the financial sector.The current market climate has pushed the Dow Jones Industrial Average and S&P 500 to new all-time highs, and both indices aren't too far below these levels. But it also has not been a great period for the financial sector -- particularly banks.For one thing, rising interest rates have caused margins to compress in many cases. In simple terms, the interest rates banks are paying on deposits have been ...