A show of hands, please. How many readers think it's a good time to buy stock for Bank of America, Wells Fargo, or J.P. Morgan Chase? Anyone? Believe it or not, this might be an opportune time to jump into those stocks. After all, Warren Buffet is taking a hard look.
The NYSE is down significantly off its highs, and so is the NASDAQ. And with the federal bailout programs in full force right now and the first glimmer of hopes that the credit markets are thawing out, there's a very good chance that the market may be reaching a bottom and looking to rebound in the next few weeks. Something all investors should be keeping an eye on.
Citigroup is also another bank to consider buying shares of right now. Same thing with Goldman Sachs. But you still want to do your homework before you jump in. Just because a company's stock price has taken a hit doesn't necessarily mean it's the best time to jump in. You also want to make sure the company is healthy and has a plan for turnaround. The economy is a long ways off from turning around, which is a big reason why LeaseTrader.com has been so active. The company helps people transfer their car lease to another individual.
This story posted by LeaseTrader.com, the automotive service company that lets people transfer out of their Car Leases early. If you're looking to swap a lease or transfer out of your car lease, please visit www.leasetrader.com