I was looking at stock prices of Swiss banks and noticed that they seem to be quite undervalued, especially Credit Suisse for example. The big ones are "too big to fail" therefore I guess they are not going anywhere. My gut feeling is that the stock can only go up in the future as it seems to be so low right now. The banks also have been trying hard to cut their cost and become more efficient in the past years. I also feel that the stock price is currently still quite low due to a lot of the legacy issues that are still being resolved which has lead to quite substantial penalties in the short term.
What are your thoughts? Is it a smart investment?
Submitted April 22, 2017 at 06:59PM by Forever271 http://ift.tt/2oUvz1L
