Recently we borrowed Jim Cramer’s latest book, Getting Back to Even, from our local library. There is one chapter where Cramer predicts the next big thing in the stock market. After high-tech bubble in late 1990s and recent real-estate bubble, what’s next? Here is the snippet from his book:
As we emerge from the financial crisis, I believe that the absolute best opportunities for you to make money are to be found among the banks. That’s right, the banks.
Cramer gives five regional banking stocks. He believes one of them will give very high return in the years to come.
- Glacier Bancorp (NASDAQ:GBCI)
- FirstMerit (NASDAQ:FMER)
- First Niagara Financial Group (NASDAQ:FNFG)
- NewAlliance Bancshares (NYSE:NAL)
- People’s United Financial (NASDAQ:PBCT)
