Pompous Prognostication: Irish Banks
By GeoffGannon on Wed, 2007-11-14 12:25
(via www.gannononinvesting.com)
Irish stocks have fallen a lot this year. This post mentions two Irish banks, Bank of Ireland (IRE) and Allied Irish Banks (AIB). However, Irish stocks in general now trade at substantial discounts to their peers in Europe. This post argues that Irish stocks are cheap and shares of these two Irish banks should outperform the giant U.S. financial services firms.
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