Is SunTrust Banks, Inc. (NYSE:STI) a buy, sell, or hold? Investors who are in the know are in an optimistic mood. The number of long hedge fund bets went up by 12 in recent months.
As we already know from media reports and hedge fund investor letters, many hedge funds lost money in October, blaming macroeconomic conditions and unpredictable events that hit several sectors, with ...
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Valeant and SunEdison, have not done well during the last 12 months due to various reasons.
Although earnings season is in full swing, the broader markets are strangely quiet. The VIX is below 14, and the S&P futures are flat. Among the stocks trending this morning are Caterpillar Inc.
SunTrust Banks, Inc. (NYSE:STI) has added itself to the list of companies that are posting better-than-expected quarterly results this reporting season.
SunTrust Banks Inc (NYSE:STI), with total assets of $183 billion as of June 30, 2014, is one of the nation's largest and strongest financial holding companies. Through its banking subsidiaries, the company...