Financials - threat or opportunity?

I seek a theory rather bold, investment, investing in financial assets. I started to build a position in major financial centers of action. I think that in these last few weeks have presented some good buying opportunity for funding. Three financial stocks I have invested in Wells Fargo, JP Morgan and Bank of America.

Wells Fargo is likely to enable the best of the big banks. The recent acquisition of Wachovia by Wells Fargo has about 800 billionin stores. Wells Fargo has a significant size advantage. They have a Tier 1 capital ratio and a solid balance sheet. Wells is currently the 2nd largest bank in the United States in terms of market capitalization. Wells also has excellent management. Wells Fargo management have already booked for a $ 74 billion of depreciation of the total loan portfolio of Wachovia. This should reduce exposure to Wells transmit. Wells stock has held up well in recent months over its competitors. Wellshistorically has a profit margin of 22% and a massive return on equity of 18% over the last five years. It does not hurt that Warren Buffett Wells Fargo loves and has owned for years.

JP Morgan Chase would derive from the financial crisis as the dominant player in the banking sector. JP Morgan to steal one with the acquisition of Washington Mutual and Bear Stearns for much less than their actual value. JP Morgan has the largest deposit of a bank in the country that there is a strongAsset base. JPM has a solid management that a profit margin of 18% over the past 5 years has done. The return on equity averaged 10.5%. I think this will increase in future as Jamie Dimon, and more companies realize the synergies of the acquisition of Washington Mutual. JP Morgan is currently being sold well below its book value and pays a healthy dividend.

Bank of America is certainly the most dangerous of the 3 banks. By buying Countrywide, just before the subprime crisis on the merger on holdMerrill Lynch, Bank of America has made some questionable moves. Countrywide and Merrill Lynch, which deals with economic appeared before now looks highly overrated. Bank of America shares in a tilt, and this may be a way. The stock was selling for U.S. $ 10 recently, is well below book value. Bank of America has a historical average ROE of 16% and a profit margin of 27%. I think it is the Bank of America, the name is a key competitive advantage. Bank of America has a largeDeposit base and significant goodwill on behalf of BOA. I believe that the acquisition of Merrill Lynch is a trademark is valid for a long time, Bank of America. But I'm not so sure for detecting Countrywide. Countrywide has a damaged brand, given its strong ties with the subprime mortgage crisis. However, I believe, with their ability to access capital and its strong brand Bank of America will remain viable entity.

These 3 parties may continue to face difficultCircumstances in 2009. I do not think that will be running a long time, these banks benefit from the financial crisis and connect with an even greater market share and a stronger financial structure.