Given the downgrades around the bank industry, I’ve been taking a long look at USBancorp (USB) and think it’s time to sell.
On one hand, this is still one of the strongest players in the space and the stock is now actually higher than it was yesterday. However, given the questions and risk of contagion (in the minds of investors if not actual operations), this is probably an apt moment to lock in our gains.
Sell USB. Inner Circle, this goes for you too.