Comments on: Top Foreign Banks: Barclays PLC (BCS)

By: Banco Bilbao (BBV) Expands Globally to US, Asia-Pacific - Investor Trip

Banco Bilbao (BBV) Expands Globally to US, Asia-Pacific - Investor Trip — Fri, 23 Feb 2007 11:49:47 +0000

[...] One of my readers, Lucas from Five Percent Stocks, maintains a bullish outlook towards shares of Banco Bilbao stock. He left the following comment on Top European Banks: Barclays plc (BCS): First, nice play here- Barlcay�s has been on a great tear. I do think, however, that there are some �sexier� bank plays abroad that will outperform BCS (unless perhaps we see a merger)� e.g. I think you�ll continue to see Banco Bilbao (BBV) outperform it in 07- jmo [...]

By: Slapmatt

Slapmatt — Wed, 21 Feb 2007 13:33:40 +0000

Good call on Barclays – they announced record profits yesterday.

I have UK share holdings in Sainsburys (UK supermarket), Marks and Spencer (UK retailer) and HSBC amongst others. Would be very interesting to hear your opinion on those and others!

By: TJP

TJP — Fri, 16 Feb 2007 20:25:57 +0000

Lucas – BBV just acquired another US bank to cater to the fast growing Southern US Hispanic contingent. You hit the nail on the head in terms of their stock performance. We will continue to see gains from them. Now, I got to review BBV stock over the weekend.

As for BCS shares, I would love to buy in, but I’m strapped for cash at the moment. College can get expensive!

Slapmatt – What UK stocks do you hold? This will give me some ideas for future stock reviews.

By: Slapmatt

Slapmatt — Fri, 16 Feb 2007 09:28:42 +0000

This is a really interesting topic, particularly for UK investors. Nice blog too. I think I’ll be spending a few days here!

By: Lucas

Lucas — Fri, 16 Feb 2007 04:36:48 +0000

First, nice play here- Barlcay’s has been on a great tear.

I do think, however, that there are some ’sexier’ bank plays abroad that will outperform BCS (unless perhaps we see a merger)… e.g. I think you’ll continue to see Banco Bilbao (BBV) outperform it in 07- jmo

Also, wondering what you’re waiting to see short term before extending your long position? Seems like you have a pretty solid opinion on the stock long, why not buy in now. I don’t see any possible “tipping point” technical indicators that would signal any more of a long term gain then they already do currently…