Giving You Reasons To Love Bank Stocks (C, BAC, WFC, JPM, USB, KBE)

NEW YORK (TheStreet) -- I was practically all alone on March 18 when I gave you five reasons to steer clear of bank stocks, but it turns out heeding that advice would not have been such a bad idea. The SPDR KBW Bank ETF KBE, which counts Citigroup C, Bank of America BAC, Wells Fargo WFC JPMorgan Chase JPM and US Bancorp USB as its top five holdings, was at $26.01 when I wrote my story. While it would hit a high of $29.22 on April 21, it touched a recent low at $23.33 Tuesday. Two reasons I highlighted, "Regulatory Threats Resurface" and "European Contagion," look especially smart. So give me an A for insight and a C+ for timing. To read rest of the article, click here.