Here are some stocks that look cheap in the financial realm:
1) New York Community Bank- It has been a laggard even when the markets were booming.
2) eTrade- They make money in their brokerage and their mortgage related business may stabilize as judged by the bond market. I remember shorting it at 14-15 so can it retrace to $7?
3) Lazard- Investment bank that actually doesn't trade on its own account. Don't understand why the Price to Book is so high unless there is something I'm not seeing.
4) Farmer Mac- Government sponsored bank concerning the farming community.
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