To be clear, there are dozens, if not hundreds of stocks that could make great IRA investments, depending on your risk tolerance and portfolio diversification. One stock in particular that I have my eye on for my own IRA right now is New York Community Bancorp — more specifically, I already own it but am considering adding to my position now that the stock has declined.
Category: New York Community Bancorp
3 Bank Stocks to Buy
Bank stocks have been on an absolute tear in the past month following the election of real estate mogul Donald Trump as president of the United States. Shares in JPMorgan Chase are up over 18% since Nov. 9, Bank of America is up a whopping 26%, and even the currently scandal-embroiled Wells Fargo has seen its shares rise 21% in anticipation of financial deregulation under President Trump.