“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Peoples Get Ready
People's United Bank came up in a stock screen we were running on financial companies near 52 week lows. This is a savings and loan based in New England with a market capitalization of $4.5 billion - the third largest in our screen of 112 companies. The dividend is 4.9% - ninth highest. What particularly got our attention was a stock price BELOW the 2008-2009 panic levels.