Adding $500 to These 3 Stocks Would Be a Genius Move Right Now
It's been a raucous month for most of the financial sector. The failure of Silicon Valley Bank and the subsequent collapse of its parent SVB Financial prompted a shockwave that rattled most money-related names well beyond the banking industry. Fears of a financial crisis comparable to 2008's subprime mortgage meltdown are still being stoked.
The thing is, matters are dramatically different now than they were 15 years ago. Silicon Valley Bank's demise is largely the result of its own missteps and its overweight exposure to tech sector customers. Most other banks are doing just fine. It's just that investors, as a whole, are choosing not to see it.
Veteran investors, of course, think opportunistically; erroneous sell-offs ultimately present a buying opportunity. To this end, here are three great beaten-down financial stocks to consider even if you've only got $500 worth of idle cash available to invest right now.
Source Fool.com
