- Black Friday to Avoid Red Ink; Greenback Gets the Blues
- Bankruptcies Jump, Hitting Highest Level in Four Years
- AIG, Ex-CEO Greenberg Reach Pact to Settle Disputes
- Bank of America CEO Search May Extend Into 2010
- Steepest Black Friday Discounts, Revealed
- Fed to Counsel Moviegoers on How to Use Credit Cards
- 'Cancer of Fraud' Permeates Health Care System: Critics
- Where Do Pardoned Turkeys Go?
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
MOST SHARED
- The Executive Job Search
- Where Do Pardoned Turkeys Go?
- Salvation Army's Kettles Now Credit Card-Ready
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Activision Prepares to Double Dip on ‘Modern Warfare 2’
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- S&P Stocks Trading at New 52-Week Highs
- Judge Erases Couple's $525,000 Mortgage Payment
- Oil Friday
Text Size 
Big U.S. banks like Citigroup and Bank of America are attractive because there is no chance of them failing, Ron Ianieri, chief market strategist at ION Options said Thursday.
"The U.S. has definitely said they're not going to let them fail," he told CNBC.
"Goldman is starting to be pricey considering the situation. While Bank of America [BAC
Loading...
()
] and Citi [C
Loading...
()
] are kind of weak considering the situation," Ianieri said, adding Wells Fargo to the latter group of financials.
On a market pullback Ianieri said he would rather be a buyer of those three BofA, Citi and Wells Fargo [WFC
Loading...
()
] , and possibly even Morgan Stanley [MS
Loading...
()
] , as opposed to a Goldman Sachs [GS
Loading...
()
] .
Peer Don Straszheim, managing principal of Straszheim Global Advisors is still "quite concerned about the financial sector."
"To me there is still a lot of risk," he said. "BofA is actually a better possibility than Citi. I think Citi still is quite a mess."
Straszheim said U.S. regional banks "still look very problematic."
Print
Email
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
- How can you get out of debt and back on the road to recovery? Follow these ten steps.
Data is a real-time snapshot *Data is delayed at least 15 minutes