-Bank stocks down 40% on COVID-19 pandemic and economic shutdown fears

-Bank OZK among best run, mid-sized US banks; sports league leading industry metrics

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-Strong culture, business and track record, I see up-to-50% rise possible post-COVID-19

Financial stocks remain the bleeding edge of the bear market, even as some areas of the market, notably technology and growth stocks, have recovered nicely. Bank stocks have been a whipping boy and their shares have recovered a bit but are still struggling.

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Nevertheless, if you are an investor who values and wants a diversified portfolio, there is an opportunity possible in quality regional banks that should come out of this crisis with their profitability and business outlook intact for the long term. The banking industry has taken a hit from the coronavirus (COVID-19), but I believe it will recover. That’s the first tenet in this thesis.

Regional banks in particular were down fell over 50% at March 23, the market low point and they remain down about 40%, so there has been no “V” shaped recovery for them. But, as I have noted in previous reports, the industry has a preeminent position in the American industrial eco-structure. 

The group isn’t much liked, and that’s a contrarian attract...

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