USA banks are cheap and delivered great results

Have you ever considered USA financial institutes to invest in? Maybe this is a good time to think about it and see how it fits to your portfolio. They are cheap now and have presented very good 4th quarter results, most of them above analysts’ expectations. Important to remember that they were also into big trouble during 2011, especially with the foreclosures, so it is mandatory you make a very good analysis on their financial books/results to understand their debt level, actions to get more profitable and to overcome exposure foreclosures processes and claims. You need to understand internal actions (like bonuses and staffs reduction) as well as external ones, but I am pretty sure you can find great picks if they fit to your investor profile, portfolio and risk tolerance.