5 Reasons To Buy Flagstar Bancorp (FBC) Stock Right Now
Zacks Investment Research | Sep 22, 2016 09:41PM ET
Amid global headwinds, investors have been shying away from investing in the banking sector. However, totally ignoring the sector is not wise as there are several companies with a decent performance history and strong fundamentals, signaling a profitable investment opportunity.
Flagstar Bancorp Inc. (NYSE:FBC) is one such company that continues to reflect strength in several areas and adding the stock to your investment portfolio should not disappoint. With a market capitalization of more than $1.5 billion, the company provides financial products and services to individuals and businesses in the U.S.
Notably, the stock of this Troy, MI-based company has gained more than 21% year-to-date.
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