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Banco Santander Central Hispano SA (ADR) (NYSE:SAN)

CAPS Game Rating: 4 out of 5

A financial group operating principally in Spain, the United Kingdom, other European countries and Latin America, offering a range of financial products.

Recs

1
Member Avatar eremmell (< 20) Submitted: 12/09/2011 13:13:13 : Outperform Start Price: $6.29 SAN Score: -4.90

The market is freaked out currently w/ regards to the European debt crisis, and a Greek default is looking more and more likely. That's why there is a sell-off of European bank stocks. However, STD has minimal exposure to Greece, and has done well w/ regards to the bank stress tests. STD also pays a generous dividend.

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