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'Non-Toxic' Financial Stock Picks

Ben Steverman cautions investors not to paint financial stocks with a broad brush.

The BusinessWeek writer urges those hunting for worthy investments to seek out the following "non-toxic" financials.

Recommendations:

Hudson City Bancorp , which he describes as "the anti-Countrywide."

Charles Schwab, he says, "didn't fall for a lot of problems that E-Trade got into."

U.S. Bancorp, "doing fairly well, considering some of the other banks in its class."

Also on his list: BlackRock and T. Rowe Price.

Disclosures:

Disclosure information for Ben Steverman was not immediately available.

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