Have all banks run amok? Not quite. I’ve gone out on a limb lately and recommended a couple of banks in the advisory I edit, Cabot Benjamin Graham Value Letter.
Hudson City Bancorp (HCBK) owns and operates 127 savings bank branches in northern New Jersey and New York City. The bank specializes in writing jumbo mortgages [...]

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I bank at one of the larger banking institutions in this country and have kept my account there for a number of years. My loyalty has been tested lately, though, on more than one occasion. I won’t go into all the details, except to say that my latest encounter was the doubling of the interest [...]

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With most stocks getting hit in the past week, it’s hard to find a stock that’s at a pristine buy point.  And, frankly, even if I saw one, I’m not sure it would work out–when the market is under pressure, good stocks can go bad in a hurry.  So I want to highlight a company [...]

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My stock recommendation today is American Dairy (ADY), a Chinese producer of milk powder, soybean milk powder, walnut products and other dairy stuff.
China isn’t known as a big consumer of dairy goods.  Many Chinese find cheese distasteful and just don’t enjoy yogurt, buttermilk and the rest of the milk-based foods that delight Westerners.  But that’s [...]

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In 2002, the Investment Company Institute, the industry group for mutual fund companies, found that just about half (52.7 million or 49.5%) of all U.S. households owned stock in some way.  But just 21 million households (fewer than 20%) owned individual stocks outside their 401(k) plans and other mutual funds.
I know that much has changed [...]

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