- Abu Dhabi Will Aid Debt-Fraught Dubai 'Case by Case'
- Banks With The Biggest Exposure to The UAE
- Dubai's Debt Woes Signal New Era for Creditors
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Big US Banks May Be Forced to Raise Capital: Bove
- Bank of America Amends Pay for Senior Executives
- Tiger Woods Out of Hospital After Accident
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
MOST SHARED
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
- These four sectors will be the next to lead the market.
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- It may be the most unusual guide to business you'll read.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
Data is a real-time snapshot *Data is delayed at least 15 minutes