Wednesday, September 14, 2011

'Incredible Opportunities' for Investors Right Now

"Fundamentals are not playing into valuations now at all. You've got great companies that are trading horribly, you've got pretty junky companies that are way overvalued," said the president and founder of the Meredith Whitney Advisory Group. "For the first time in three and a half years, I think you can begin to invest fundamentallyand make money." "It's going to be very difficult to make money in the big banks. They're so laden with regulatory issues, unquantifiable legal issues, and lack of growth," she said. "Best case, they're atrophying. Worst case, they're forced to shrink drastically."

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