Investor Opportunities In Bank Stocks

A new earnings season starts unofficially this week with a few of the big banks reporting 4Q earnings this Friday. The sector saw immense growth in 2021 due to various economic tailwinds, but Cathy Seifert doesn’t see that continuing this year despite rising interest rates. This year will be more of a stock picker’s market, says Seifert, who recommends investors look for names with durable catalysts and potential for organic growth. One name she likes is the asset manager Blackrock (BLK), which benefits from shifting investor trends toward Exchange-Traded Funds.