Stock Picker: Buy American Banks!
FBR's David Ellison is putting money into financials -- solid, insured, American banks.
"I'm primarily investing in the American insured depository institutions," he told CNBC. "Those are going to be the big winners here."
So who's on his list?
"You look at a Wells Fargo, you look at US B (US Bancorp) , you look at Wachovia, you look at Hudson City (Bancorp), you look at Astoria (Financial)," he said.
Disclosure information for David Ellison was not immediately available.