10 Best Financial Stocks To Buy For 2014

We’ve previously expressed caution in June and August 2013 about the emerging markets. We hereby do so again.

The rising tide of emerging markets since the start of the 21st century was fueled in particular by two major trends.

First, there was the rapid economic growth of China, the world’s most populous nation. Then came the aggressively easy monetary policy of the US Federal Reserve, to support our economy, the world’s largest.

China’s blistering growth, bringing it to second place among the world’s economies, created demand for a wide range of commodities, goods and services. Other emerging markets, especially those with significant natural resources, benefited most.

Then Fed policy, which slashed savings and bond yields while creating a tidal wave of liquidity, encouraged global investors to pour large sums into the fast-growth emerging markets’ equities, high-yielding bonds and direct business investments.< h3>10 Best Financial Stocks To Buy For 2014: BancorpSouth Inc (BXS)

BancorpSouth, Inc., incorporated on February 17, 1982, is a financial holding company. Through its principal bank subsidiary, BancorpSouth Bank (the Bank), the Company conducts commercial banking and financial services operations in Mississippi, Tennessee, Alabama, Arkansas, Texas, Louisiana, Florida, Missouri and Illinois. As of December 31, 2012, the Company and its subsidiaries had total deposits of $11.1 billion. The Bank conducts a general commercial banking, trust and insurance business through 284 offices in Mississippi, Tennessee, Alabama, Arkansas, Texas, Louisiana, Florida, Missouri and Illinois. The Bank and its subsidiaries provide a range of financial services to individuals and small-to-medium size businesses. On July 2, 2012, the Company purchased certain assets of The Securance Group, Inc.

The Bank operates investment services and insurance agency subsidiaries, which engage in investment brokerage services and sales of other insurance products. The Bank’s trust department offers a range of services, including personal trust and estate services, certain employee benefit accounts and plans, including individual retirement accounts, and limited corporate trust functions.

Lending Activities

The Bank’s lending activities include both commercial and consumer loans. The Bank offers a range of commercial loan services including term loans, lines of credit, equipment and receivable financing and agricultural loans. A range of short-to-medium term commercial loans, both secured and unsecured, are made available to businesses for working capital (including inventory and receivables), business expansion (including acquisition and development of real estate and improvements), and the purchase of equipment and machinery. The Bank also makes construction loans to real estate developers for the acquisition, development and construction of residential subdivisions.

The Bank’s lending ac tivities consists of the origination of fixed and adjustable! rate residential mortgage loans secured by owner-occupied property located in the Bank’s primary market areas. In addition, the Bank offers construction loans, second mortgage loans and home equity lines of credit. The Bank finances the construction of individual, owner-occupied houses on the basis of written underwriting and construction loan management guidelines.

The Bank makes residential construction loans to individuals who intend to erect owner-occupied housing on a purchased parcel of real estate. The Bank sells its mortgage loans with terms of 15 years or more in the secondary market and either retains or releases the right to service those loans. Non-residential consumer loans made by the Bank include loans for automobiles, recreation vehicles, boats, personal (secured and unsecured) and deposit account secured loans. The Bank also issues credit cards.

Investment Activities

As of December 31, 2012, the Company’s held-to-m aturity and available-for-sale securities included the United States Government agency securities, taxable obligations of states and political subdivisions, tax-exempt obligations of states and political subdivisions, government agency issued residential mortgage-backed securities, government agency issued commercial mortgage-backed securities, collateralized debt obligations and other securities. As of December 31, 2011, the Company’s available-for-sale securities totaled $ 2.4 billion. Investments in tax-exempt securities totaled $455.1 million as of December 31, 2012.

Source of Funds

Deposits originating within the communities served by the Bank are the primary source of funding. As of December 31, 2012, the Company and its subsidiaries had total deposits of $ 11.1 million. The Bank offered deposits, such as noninterest bearing demand deposits, interest bearing demand deposits, savings deposits and other time deposits. The Company had federal f unds purchased and securities sold under agreement to repurc! hase of $! 414.6 million as of December 31, 2012.

Subsidiary Activities

The Bank’s insurance service subsidiary serves as an agent in the sale of title insurance, commercial lines of insurance and a full line of property and casualty, life, health and employee benefits products and services and operates in Mississippi, Tennessee, Alabama, Arkansas, Texas, Louisiana, Missouri and Illinois. The Bank’s investment services subsidiary provides brokerage, investment advisory and asset management services and operates in certain communities in Mississippi, Tennessee, Alabama, Arkansas, Louisiana, Texas, Florida and Missouri.

Advisors’ Opinion:

  • [By Todd Campbell]

    Now, thanks to rebounding home prices, those same banks are back in growth mode again, suggesting an investment opportunity in market share leaders, such as BancorpSouth, Inc. (BXS).

10 Best Financial Stocks To Buy For 2014: Nuveen Select Maturities Municipal Fund (NIM)

Nuveen Select Maturities Municipal Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is managed by Nuveen Asset Management. It invests in the fixed income markets of the United States. The fund invests primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P Intermediate Municipal Bond Index and the S&P National Municipal Bond Index. Nuveen Select Maturities Municipal Fund was formed on September 18, 1992 and is domiciled in the United States.

Advisors’ Opinion:

  • [By Ning Jia]

    Net interest margin (NIM): The NIM is calculated by dividing net interest income by average earning
    assets. The NIM can vary with the particular business mix and risk taken.

10 Best Financial Stocks To Buy For 2014: Northern Trust Corporation(NTRS)

Northern Trust Corporation, through its subsidiaries, provides asset servicing, fund administration, asset management, and fiduciary and banking solutions for corporations, institutions, families, and individuals worldwide. The company offers corporate and institutional services, including global master trust and custody, trade settlement, and reporting; fund administration; cash management; investment risk and performance analytical services; investment operations outsourcing; and transition management and commission recapture services. It also provides personal financial services, such as personal trust, investment management, custody, and philanthropic services; financial consulting; guardianship and estate administration; brokerage services; and private and business banking services, as well as customized products and services. In addition, the company offers active and passive equity and fixed income portfolio management, as well as alternative asset classes comprisin g private equity and hedge funds of funds, and multi-manager products and advisory services. Further, it engages in fund administration, investment operations outsourcing, and custody business that provides specialized services to a range of funds, which include money-market, multi-manager, exchange-traded funds, and property funds for on-shore and off-shore markets. Additionally, the company provides administrative and middle-office services consisting of trade processing, valuation, real-time reporting, accounting, collateral management, and investor servicing. Northern Trust Corporation was founded in 1889 and is based in Chicago, Illinois.

Advisors’ Opinion:

  • [By E.S. Browning]

    This view is spreading. When Northern Trust(NTRS) surveyed 100 outside investment managers at the end of last year, 34% called themselves more risk averse, up from 20% in the third quarter. Only 36% said U.S. stocks are undervalued.

  • [By Selena Maranjian]

    Northern Trust (NASDAQ: NTRS  )

    To earn their high scores, the companies above engaged in a variety of good practices, including applying their human rights policy to their suppliers and vendors, and committing to quantifiable targets and goals.

10 Best Financial Stocks To Buy For 2014: Bank of Ireland (BKIR)

Bank of Ireland and its subsidiaries provide a range of banking and other financial services. The Company operates in five segments: Retail Ireland, Bank of Ireland Life, Retail UK, Corporate and Treasury and Group Centre. Group Centre includes capital management activities, unallocated Group support costs and the cost of the Credit Institutions. Retail Ireland distributes a range of financial products and services through the Bank’s branch operations in the Republic of Ireland and through its direct channels. The Company operates in the life and pensions market in Ireland through its wholly owned subsidiary New Ireland Assurance Company plc (NAIC).Retail UK consists of Business Banking in Great Britain and Northern Ireland, the branch network in Northern Ireland, the United Kingdom residential mortgage business and the business activities with the United Kingdom Post Office. Corporate and Treasury division consists of Corporate Banking, Global Markets and IBI Corporate Fin ance. Advisors’ Opinion:

  • [By Sarah Jones]

    In Dublin, Bank of Ireland (BKIR) slipped 3.4 percent to 14.1 euro cents and Permanent TSB Group Holdings Plc (IPM) tumbled 13 percent to 2.6 cents. Allied Irish Banks Plc (ALBK), which is owned by the state, slid 1.5 percent to 6.5 cents.

10 Best Financial Stocks To Buy For 2014: Customers Bancorp Inc (CUBI)

Customers Bancorp, Inc. (Customers Bancorp), incorporated in April 2010, through its wholly owned subsidiary Customers Bank (the Bank), provides financial products and services to small businesses, not-for-profits and consumers through its fourteen branches in Southeastern Pennsylvania (Bucks, Berks, Chester and Delaware Counties), Rye, New York (Westchester County) and Hamilton, New Jersey (Mercer County). Customers Bank also provides liquidity to the mortgage market worldwide through the operation of its mortgage warehouse business. As of December 31, 2011, Customers Bancorp had total assets of $2.08 billion, including net loans (including held for sale loans) of $1.50 billion, total deposits of $1.58 billion. The Company offers a range of banking products and financial services to its commercial and consumer customers in Suburban Philadelphia, Pennsylvania, Central New Jersey and Southeastern New York. It offers a range of lending products to cater to its customers’ n eeds, including small business loans, mortgage warehouse loans, multi-family and commercial real estate loans, residential mortgage loans and consumer loans. It also offers traditional depository products, including commercial and consumer checking accounts, non-interest-bearing demand accounts, money market deposit accounts, savings accounts and time deposit accounts and cash management services. On September 17, 2011, Customers Bank became a wholly owned subsidiary of Customers Bancorp. On September 17, 2011, Customers Bancorp acquired Berkshire Bancorp, Inc. and its subsidiary Berkshire Bank. In May 2013, Customers Bancorp Inc merged with CMS Bancorp Inc.

Lending Activities

The Company focuses its lending efforts to the lending areas, such as commercial lending, which includes business, small business and multi-family and commercial real estate lending; specialty Lending, which include warehouse lending, and consumer lending, which include local market mortgage lending and home equity lending. It also pr! ovide warehouse financing worldwide and multi-family lending in the Mid-Atlantic States.

The Bank’s commercial lending is segmented into three groups, which include multi-family and commercial real estate, business banking and small business banking. The small business banking platform originates loans, including small business administration loans, through the branch network sales force and a team of dedicated small business relationship managers. During the year ended December 31, 2011, it originated and closed $121.5 million of multi-family loans commitments. As of December 31, 2011, it had $536.9 million in commercial loans outstanding, comprising approximately 35.3% of its total loan portfolio (which includes loans held for sale). During 2011, it originated and closed $167.7 million of commercial loans and commitments. As of December 31, 2011, loans in its warehouse lending portfolio, as well as loans held for sale totaled $794.3 million outstanding, comp rising approximately 52.3% of its total loan portfolio (which includes loans held for sale). During the year ended December 31, 2011, it funded $7.7 billion of mortgage loans under warehouse facilities.

The Company offers a range of deposit products to its customers, including checking accounts, savings accounts, money market accounts and other deposit accounts, including fixed-rate, fixed-maturity retail time deposits ranging in terms from 30 days to five years, individual retirement accounts, and non-retail time deposits consisting of jumbo certificates greater than or equal to $100,000. As of December 31, 2011, its deposit portfolio was consisted of 54.9% of core deposits. Its financial products include Internet banking, wire transfers, electronic bill payment, lock box services, remote deposit capture services, courier services, merchant processing services, cash vault, controlled disbursements, positive pay and cash management services (including account re conciliation, collections and sweep accounts).

! Sources o! f Fund

The Company offers a range of deposit accounts, including checking, savings, money market and time deposits. Deposits are obtained primarily from its service area. As of December 31, 2011, the total deposits grew to $1.58 billion.

Investment Activities

The Company’s investment securities portfolio consists of United States Treasury, government agency and mortgage-backed securities (guaranteed by an agency of the United States government and non-agency guaranteed), municipal securities, domestic corporate debt, and asset-backed securities. In addition to generating revenue, it maintains the investment portfolio to manage interest rate risk, provide liquidity, provide collateral for other borrowings and diversify the credit risk of earning assets. As of December 31, 2011, $79.1 million of its investment securities were classified as available for sale (AFS). As of December 31, 2011, the fair value of its investment securities por tfolio was approximately $409.9 million. As of December 31, 2011, it held $319.5 million of investment securities that were classified as held to maturity (HTM).

Advisors’ Opinion:

  • [By Rich Smith]

    Wyomissing, Pa.-based Customers Bancorp (NASDAQ: CUBI  ) has a new CFO.

    On Tuesday, Customers Bancorp announced that Interim Chief Financial Officer James D. Hogan intends to retire from the bank on Aug. 13. Replacing Hogan will be Robert E. Wahlman, a new hire from Doral Financial, who will join Customers initially in the post of executive vice president on Aug. 5, and then be promoted to permanent CFO on the 13th.

10 Best Financial Stocks To Buy For 2014: Nuveen Premium Income Municipal Fund 2 Inc (NPM)

Nuveen Premium Income Municipal Fund 2, Inc. (NPM) is a non-diversified, closed-end management investment company. The Fund seeks to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain United States territories. Nuveen Asset Management (NAM) is the Fund’s investment adviser. NAM is a wholly owned subsidiary of Nuveen Investments, Inc. Effective January 1, 2005, Nuveen Advisory Corp. (NAC) and its affiliate, Nuveen Institutional Advisory Corp. (NIAC), were merged into NAM.

Advisors’ Opinion:

  • [By Chuck Carnevale]

    Next, I turned to an evaluation of gross profit margin (gpm), net profit margin (npm), return on assets (roa), return on equity (roe) and return on invested capital (roi). The example below only includes gross and net profit margin, however, I review data on all the metrics stated above.

10 Best Financial Stocks To Buy For 2014: National Bank of Canada (NBC)

National Bank of Canada (the Bank) is a bank. The Bank provides integrated financial services to retail, commercial and corporate/institutional clients. The Bank’s offerings include securities brokerage, insurance, wealth management, mutual and pension-fund management as well as banking and investment solutions across three business segments: Personal and Commercial, Wealth Management, and Financial Markets. The Personal and Commercial segment meets the financial needs of some 2.4 million retail banking clients and approximately 130,000 business clients throughout Canada. The Wealth Management segment includes National Bank Financial Wealth Management and National Bank Direct Brokerage Inc. The Financial Markets segment provides banking and investment banking services. On August 1, 2012, Maple Group Acquisition Corporation (Maple) acquired Alpha Trading Systems Inc., Alpha Trading Systems Limited Partnership and The Canadian Depository for Securities Limited. Advisors’ Opinion:

  • [By USATODAY 2:27 p.m. EST February 4]

    NBC's Winter Olympics app.(Photo: NBC)

    You can follow the Sochi games digitally on NBCOlympics.com or on the NBC Sports Live Extra app — available for iOS, Android and Windows Phone devices. The Live Extra app is free and getting a refresh in time for the Olympics. It also covers other sports NBC is involved in, including the NHL, PGA Tour and Triple Crown Horse Racing.

10 Best Financial Stocks To Buy For 2014: CoStar Group Inc (CSGP)

CoStar Group, Inc. (CoStar), incorporated on February 2, 1998, is a provider of information, analytics and marketing services to the commercial real estate industry in the United States and United Kingdom. The Company’s suite of online service offerings includes information about space available for lease, comparable sales information, tenant information, information about properties for sale, Internet marketing services, analytical capabilities, information for clients’ Websites, information about industry professionals and their business relationships, data integration and industry news. Its service offerings span all commercial property types, including office, industrial, retail, land, mixed-use, hospitality and multifamily. In April 2012, the Company completed the acquisition of LoopNet, Inc.

The Company’s subscription-based information services consist primarily of CoStar Property Professional, CoStar Tenant, CoStar COMPS Professional and FOCUS servi ces. CoStar Property Professional, CoStar Tenant, and CoStar COMPS Professional are generally sold as a suite of similar services and through its mobile application, CoStarGo, and consists of its primary service offering in its United States operating segment. FOCUS is its primary service offering in its International operating segment. As of January 31, 2013, our database of real estate information covered the U.S., London, England and other parts of the U.K., and contained information about approximately 1.6 million sale and lease listings; approximately 4.2 million total properties; approximately 9.0 billion square feet of sale and lease listings; Approximately 5.8 million tenants; approximately 1.9 million sales transactions valued in the aggregate at approximately $4.5 trillion, and approximately 13.8 million digital attachments, including building photographs, aerial photographs, plat maps and floor plans.

CoStar Property Professional

CoStar P roperty Professional (CoStar Property) is the Company’s fl! agship service. It provides subscribers an inventory of office, industrial, retail and multifamily properties and land in markets throughout the United States and United Kingdom, including for-lease and for-sale listings, historical data, building photographs, maps and floor plans. Commercial real estate professionals use CoStar Property to identify available space for lease, evaluate leasing and sale opportunities, value assets and position properties in the marketplace. Its clients also use CoStar Property to analyze market conditions by calculating current vacancy rates, absorption rates or average rental rates, and forecasting future trends based on user selected variables. When used together with CoStar Connect, CoStar Property enables subscribers to share space surveys and transaction-related documents with their clients, accessed through their corporate Website. CoStar Property, along with all of CoStar’s other core information, analytics and marketing services, is delivered solely via the Internet.

CoStar COMPS Professional

CoStar COMPS Professional (COMPS Professional) provides coverage of comparable sales information in the United States and United Kingdom commercial real estate industries. COMPS Professional offers subscribers numerous fields of property information, access to support documents (deeds of trust) for new comparables, demographics and the ability to view for-sale properties alongside sold properties in three formats, plotted on a map, aerial image or in a table.

CoStar Tenant

CoStar Tenant is a detailed online business-to-business prospecting and analytical tool providing commercial real estate professionals with the commercial real estate-related the United States and United Kingdom tenant information available. CoStar Tenant profiles tenants occupying space in commercial buildings across the United States and provides updates on lease expirations, as well as occupa ncy levels, growth rates and numerous other facts. Deliverin! g this in! formation through the Internet allows users to target prospective clients quickly through a searchable database that identifies only those tenants meeting certain criteria.


CoStarGo is an iPad application, which integrates and provides mobile access to subscribers of its property, tenant and comparable sales information in our suite of online service offerings-CoStar Property Professional, CoStar Tenant and CoStar COMPS Professional. CoStarGo provides a single, location-centric mobile interface that allows users to access and display information on millions of properties and gain instant access to analytic data and demographic information from the field.

CoStar Advertising

CoStar Advertising offers property owners and brokers a targeted and way to market a space for lease or a property for sale directly to the CoStar subscribers looking for that type of space through interactive advertising. With the CoStar Adverti sing program, when the advertiser’s listings appear in a results set, they receive priority positioning and are enhanced to stand out. The advertiser can also purchase exposure in additional submarkets, or the entire market area so that this ad will appear even when this listing would not be returned in a results set.


The Company’s subsidiary, PPR, and its United Kingdom subsidiary, PPR United Kingdom, offer products and services designed to meet the research needs of commercial real estate investors and lenders. PPR covers metropolitan areas throughout the United States, United Kingdom and Europe, with offerings, including historical and forecast market data and analysis by market and property type, and services, including access to PPR’s analysts, economists, and strategists to develop and deliver custom research solutions. PPR Portal is PPR’s primary delivery platform for research, forecasts, analytics, and granular data surrounding a specific address and property type. PPR COMPASS is PPR’s ! premier c! ommercial real estate risk management tool.

Resolve Portfolio Maximizer

Resolve Portfolio Maximizer is an industry real estate portfolio management software solution. Resolve Portfolio Maximizer allows users to model partnership structures, calculate waterfall distributions and fees, model and analyze debt obligations, and create multiple what if scenarios for alternative investment decision.

Resolve Request

Request is the business intelligence software solution built specifically for managing commercial real estate investments. Request helps users eliminate some of the difficulties of consolidating real estate investment data from disparate sources and facilitates standardization of information presentation and reporting across an organization. Request also provides a platform for users to develop business intelligence and reporting capabilities.

VP Corporate Edition

The Company’s subsidiary, Vi rtual Premise, offers VP Corporate Edition, a real estate management software solution designed for corporate real estate managers, company executives, business unit directors, brokers and project managers. VP Corporate Edition helps users connect real estate initiatives with company strategic goals, streamline portfolio operations, automate the process for collecting and managing space requests, reduce occupancy costs with analytics that track location performance against targets, and maximize location performance through proactive portfolio management. Virtual Premise also provides lease abstraction and data review services in order to facilitate the effective implementation of this software solution.

VP Retail Edition

VP Retail Edition is a real estate management software solution designed for company executives, real estate dealmakers and store planning and construction managers. VP Retail Edition helps users to utilize and real-time data to est ablish goals and store strategies, manage the execution of r! eal estat! e strategies, summarize critical portfolio data and prerequisite store-level information and metrics for maximizing location performance through proactive portfolio management. Virtual Premise also provides lease abstraction and data review services in order to facilitate the effective implementation of this software solution.

LoopNet Basic and Premium Membership

The Company’s subsidiary, LoopNet, offer two types of memberships on the LoopNet marketplace, basic and premium. As of January 31, 2013, LoopNet had approximately 6.8 million registered members, of which 82,915 were premium members. LoopNet Premium Lister is designed for commercial real estate professionals and other customers who seek the broadest possible exposure for their listings, access to leads lists, and advanced marketing and searching tools. LoopNet Premium Searcher is designed for members searching for commercial real estate who need unlimited marketplace searching access, prof essional-quality reports and advanced searching tools.


LoopLink is an online real estate marketing and database services suite that enables commercial real estate firms to showcase their available properties both on the LoopNet marketplace and on the brokerage firm’s Website using hosted search software. Within LoopNet, each LoopLink listing is branded with the client’s logo and is hyperlinked to the client’s Website. The LoopNet import service offers the opportunity to simplify the process of submitting listings to LoopNet from the client’s internal databases, and features advanced data matching and data integrity rules and file conversion capabilities. LoopNet charges a monthly subscription fee to commercial real estate firms for the LoopLink service.

LandsofAmerica and LandAndFarm

LandsofAmerica and LandAndFarm are online marketplaces for rural land for sale. Sellers pay a fee to list their land for sal e, and interested buyers can search LoopNet’s listings for f! ree.

BizBuySell and BizQuest

BizBuySell and BizQuest are online marketplaces for operating businesses for sale. Business sellers pay a fee to list their operating businesses for sale, and interested buyers can search LoopNet’s listings for free. The BizBuySell and BizQuest Franchise Directories allow interested business buyers to search hundreds of franchise opportunities, and franchisors can list their availabilities in the directory on a cost per lead basis.


The Company’s the United Kingdom subsidiary, CoStar U.K. Limited, offers several services; its primary service is FOCUS. FOCUS is a digital online service offering information on the United Kingdom commercial real estate market. This service seamlessly links data on individual properties and companies across the United Kingdom, including comparable sales, available space, requirements, tenants, lease deals, planning information, socio-economics and demographics, credit ratings, photos and maps.


The Company’s French subsidiary, Grecam S.A.S., provides commercial real estate information throughout the Paris region through its Observatoire Immobilier D’ Entreprise (OIE) service offering. The OIE service provides commercial property availability and transaction information to its subscribers through both an online service and market reports.

The Company competes with commercialsearch.com, PropertyLine.com, Reed Business Information Limited, officespace.com, MrOfficeSpace.com, TenantWise, Inc., www.propertyshark.com, WorkplaceIQ, RealPoint LLC, estatesgazette.com, Xceligent, Inc., eProperty Data, CBRE Economic Advisors, Marshall & Swift, Yale Robbins, Inc., Reis, Inc., Real Capital Analytics, Inc., The Smith Guide, Inc., Catalyst, the National Association of Realtors, CCIM Institute, Society of Industrial and Office Realtors the Commercial Association of Realtors Data Services, the Association of Industrial Realtors, Cougar Software, Yardi Systems, MRI ! Software,! Altus, Intuit Inc., Accruent, Tririga, Manhattan Software and AMT.

Advisors’ Opinion:

  • [By Dave and Donald Moenning]

    Internet Software & Services has been the place to be in 2013. In addition to Shutterstock (SSTK), just take a look at these constituents of this red-hot sub-industry: Pandora Media (P), Facebook (FB), j2 Global (JCOM), Yelp (YELP), CoStar Group (CSGP),LinkedIn (LNKD), etc. The list of superb stocks in the Internet Software & Services space goes on and on. Focusing on stocks in the top-performing sub-industries usually helps bullish trades, so today, let’s take a closer look at Shutterstock Inc for a short-term long trade.

10 Best Financial Stocks To Buy For 2014: New Residential Investment Corp (NRZ)

New Residential Investment Corp., incorporated on September 26, 2013, is a real estate investment trust. The Company focuses on investing in, and actively managing, investments related to residential real estate. On May 15, 2013, Newcastle Investment Corp. announced that the spin-off of New Residential Investment Corp.

The Company is managed by an affiliate of Fortress Investment Group LLC, a global investment management. The Company primarily target investments in excess mortgage servicing rights, residential mortgage backed securities, residential mortgage loans and other related investments.

Advisors’ Opinion:

  • [By Lauren Pollock]

    New Residential Investment Corp.(NRZ) and other investors agreed to buy about $3.2 billion of servicing advances from Nationstar Mortgage Holdings Inc.(NSM), part of Nationstar’s plan to reconfigure its acquisition structure. The advances relate to nonagency residential mortgage loans with an unpaid principal balance of about $58 billion. Nationstar shares rose 4.1% to $42.50 in light premarket trading.

10 Best Financial Stocks To Buy For 2014: New Century Bancorp Inc.(NC)

New Century Bancorp, Inc. operates as the holding company for New Century Bank that provides commercial and retail banking services to individuals and small to medium-sized businesses in southeastern North Carolina. Its deposit product line comprises checking, savings, NOW, and money market accounts, as well as certificates of deposit, and non-interest-bearing demand and time deposits. The company?s loan portfolio includes one-to-four family and multi-family residential loans; construction loans; home equity lines of credit; commercial real estate loans; commercial and industrial loans; and loans to individuals. It operates main office in Dunn; and branch offices in Clinton, Goldsboro, Lillington, Greenville, Fayetteville, Lumberton, Pembroke, and Raeford. The company is headquartered in Dunn, North Carolina.

Advisors’ Opinion:

  • [By Rich Duprey]

    Industrial conglomerate NACCO Industries  (NYSE: NC  )  announced yesterday its second-quarter dividend of $0.25 per share, the same rate it paid in February, which reflected the spinoff of Hyster-Yale Materials Handling last September.