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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 [HCBK
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], which he describes as "the anti-Countrywide."
Charles Schwab [SCHW
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], he says, "didn't fall for a lot of problems that E-Trade got into."
U.S. Bancorp [USB
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], "doing fairly well, considering some of the other banks in its class."
Also on his list: BlackRock [BLK
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] and T. Rowe Price [TROW
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].
Disclosures:
Disclosure information for Ben Steverman was not immediately available.
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