Blood on the Streets

Pardon for this blog being a few months late from expected. I was travelling for three weeks and had to adjust to new year again so my thoughts have been in other matters.

In this blog I'm listing my current investment favorites in terms of "blood on the streets". If you are unaware, this is used to mean for example times when there is a financial crises and stock prices plummet. During this time an active digger can find companies that have gone down in price but still offer excellent business foundation, or companies that have more problems to solve but still offer great growth opportunities in the future.

Financial crisis in the US harmed many companies, but these three are what I consider worth following and investing into. Current situation especially in the Europe also has taken prices down of many good stocks, but for now I'm only talking about these three here. 

They have already been saved, so unless a new major crises comes they shouldn't not be falling down. They are already major players in the US and in the global market. But they are still adjusting to their current situation and waiting for the right time to perform normally again, without control from the direction of the government. Investment horizon of course is multiple years. They have been recovering nicely during 2012 but we can only guess their future speed of recovery. Especially since the world economy is still uncertain.

Bank of America Corp Homepage

Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Bank of America is a financial institution, serving individual consumers, small and middle market businesses, corporations and Governments with a range of banking, investing, asset management and other financial and risk management products and services. Through its banking and various nonbanking subsidiaries throughout the United States and in international markets, the Company provides a range of banking and nonbanking financial services and products through six business segments.

AIG Homepage

American International Group, Inc. (AIG) is an international insurance company, serving customers in more than 130 countries. AIG companies serve commercial, institutional and individual customers through property-casualty networks of any insurer. In addition, AIG companies are providers of life insurance and retirement services in the United States

Citigroup Inc Homepage

Citigroup Inc. is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services. It operates in two segments: Citicorp, consisting of Citigroup's Global Consumer Banking businesses and Institutional Clients Group, and Citi Holdings, consisting of Brokerage and Asset Management, Local Consumer Lending and Special Asset Pool. Global Consumer Banking (which included retail banking and Citi-branded cards in four regions-North America, EMEA, Latin America and Asia) and Institutional Clients Group (which included Securities and Banking and Transaction Services).