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First Republic Stock Looks Cheap in Post COVID-19 World

- Bank stocks hit hard by COVID-19 pandemic on economic shutdown fears

- FRC is a fast-growing midcap bank with niche focus on wealthy and urban areas

- Its stock off over 20% but 20%+ potential recovery possible after shutdown ends

Bank stocks have been the bleeding edge of the coronavirus-related bear market of the past eight weeks.  The financial sector is off big and banks, in particular, are down, too.  The financial sector has fallen 27% as of Monday from the market’s Feb. 19 high...

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