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Stock Picker: Buy American Banks!

Andrew Fisher
Friday, 19 Sep 2008 | 11:26 AM ET

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."

Recommendations:

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.

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CNBC Intelligence:

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Focus on Financials
Discussing Wall Street's financial crisis, with David Ellison, FBR Small Cap Financial Fund mutual fund manager/portfolio manager; Joe Moglia, TD Ameritrade Holding Corp. and Don Putnam, Grail Partners

Disclosure:

Disclosure information for David Ellison was not immediately available.

Disclaimer

  Price   Change %Change
AF
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HCBK
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USB
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WFC
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