Jim Cramer vs. Bill Ackman: Two Bullish Calls on Regional Banks… One Poorly Timed
1/ Bill Ackman thinks “regional bank stocks are an incredible bargain now as long as the gov’t does the right thing” (Tweet).
- “This means that one of the great trades would be to buy regional bank stocks or ETFs here.”
- “And the massive decline in rates makes this an even better investment now.”
Another investor was bullish on banks — except his call was unfortunately poorly timed…
2/ Legendary Jim Cramer…
Since Cramer’s call last Friday, $FRC is down nearly 50%.
Since Ackman’s call yesterday, $FRC is up over 100% (from yesterday’s bottom).