Markets Prepare For a New Normal on Rates, and a Big Bullish Call on Bank Stocks 01/04/23
CNBC's "Fast Money"
00:00
Bank of America, PNC and US Bancorp Are the Best Examples in the Industry
Mike Mayo: Bank of America is my biggest bank position but when you get to this upside of 50 plus percent so you're getting there from net interest margin expansion without without meaningful credit quality issues. US Bancorp and PNC are our other two favorites we think they'll also have that good growth of revenues over expenses. We expect all these stocks to increase by anywhere from 40 to 60%.
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