- 3 'Clear Sailing' Mid-Caps For Investors: Strategist
- Expect Stocks to End the Year Lower: Market Pro
- Wal-Mart To Continue Retail Success: Analysts
- Opposing Views on Coca-Cola Price Target
- How To Play China's 'Amazing' Run: Analysts
- Commercial Real Estate Best Place For Money: Strategist
- Enterprise Tech Companies to Focus On: Portfolio Manager
- This Chemical Company Will Rally into 2010: Trader
- 3 Safe Investments That Let You ‘Sleep Better:’ Strategist
- Beware of 'Trampling Effect' When Market Tops: Manager
MOST SHARED
- Hewlett-Packard to Acquire 3Com for $2.7 Billion in Cash
- How the Droid and Google Threaten the GPS Makers
- Dollar Trouble, Oil's Bubble Could Derail Recovery
- USC Football Blog Leads All-Access Space
- Addicted to Easy Money?
- Shopping for Answers
- HPQ to Acquire 3Com
- Credit Is Thawing, But Businesses Still Hesitant to Borrow
- This Town Will Pay YOU $10,000 to Buy a House
- What to Expect From Disney Earnings?
- HP's Shot Across Cisco's Bow
- USC Football Blog Leads All-Access Space
- Clowning Around At Work
- Ahead of Earnings Disney Restructures Studio
- Nov. 11: Unusual Volume Leaders
- 3 'Clear Sailing' Mid-Caps For Investors: Strategist
- Intimate Apparel Sales Heating Up: Maidenform CEO
- A Day On The USS Harry S. Truman
- Highest State Foreclosure Rates
- Yuan Critics Want Obama to Keep Campaign Promise
- Dollar Trouble, Oil's Bubble Could Derail Recovery
- Jobless, Wal-Mart to Drive Sentiment on Thursday
- Hewlett-Packard to Acquire 3Com for $2.7 Billion in Cash
- AIG CEO: I Remain 'Totally Committed' to Firm
- CNN Anchor Lou Dobbs Says He is Leaving Network
- A Day on the USS Harry S. Truman
- How the Droid and Google Threaten the GPS Makers
RSS FEED
CNBC Stock Blog
Text Size 
While the financial sector looks gloomy as Lehman Brothers [LEH
Loading...
()
] continues its search to find a suitor, there are still attractive companies in the sector, Wouter Weijand, chief investment officer for high income equity of Fortis Investments, told CNBC Friday.
Qatar's Doha Bank, French insurance heavyweight AXA and U.S. bank People's United Financial [PBCT
Loading...
()
] are the best bets, Weijand said.
_________________________________
CNBC's Investor Intelligence:
- Shorts Pouncing on These Banks
- The Best Banks By Dividend Yield
_________________________________
Doha Bank has a strong market share and a strong margin position, Weijand pointed out, adding that the Middle Eastern bank is expanding in Kuwait and Oman.
"They are just way too cheap and that's why we want to pick this stock," Weijand told "Worldwide Exchange."
AXA is also attractive a current levels after recent selloffs, Weijand said. Investors should look to their "great" second-quarter results and exposure to emerging markets, he added.
(Watch Wouter Weijand's CNBC interview, video at left).
"Their balance sheet is just great, they have no capital shortage, they can easily expand and buy some mid-sized companies, maybe in emerging markets," Weijand said.
In addition, People's United Financial is "they are prepared not for a storm, but for a hurricane" and their balance sheet is over-capitalized.
"They are really prepared to do some interesting takeovers in the North East of the US, where they are active," Weijand said.
People's United Financial is safe from being a takeover target itself for the next three years because of regulations, "so they have all the time in the world in these difficult market circumstances to pick up the pieces," Weijand said.
Data is a real-time snapshot *Data is delayed at least 15 minutes