Ecomike's Favorite stock picks and Stock DD topics

[Ecomike]

One of the few stocks, a US Regional bank stock with a very low relative risk and significant up side potential right now. Just blew out the earnings report. Could break out past $40, last years high, and run for $50 this year if there are no miss fires?

30-45% upside? Trading at $30.

Hit $40 a year ago just before a bad quarter. PE fell from about 30 to 18 last year during the sell off. This weeks quarterly just turned the 4 quarter PE from about 18 to about 6-7..

The PE was around 35 when it hit its last time all time high of $40 12 months ago.

They just closed on buying and taking over a bunch of WellsFargo bank locations, as the FED/Regulators are forcing Wellsfargo to downsize it for being a bad bank and screwing customers in recent years.

https://ih.advfn.com/stock-market/NYSE/flagstar-bancorp-FBC/stock-news/79093298/flagstar-reports-fourth-quarter-2018-net-income-of

I am already long. I may buy more.