US Bancorp (USB)

Earlier this week, they reported a modest revenue beat as EPS was inline, but guidance was tepid. After rallying hard in Q4 last year, shares have pulled back to start the year.

They reported in-line sales and earnings, but gave a lower-than-expected Q3 forecast, and cut their full-year outlook. But it still rallied 9% last week.

She likes US financials as economies recover and loan demand returns. Savings rates are high. USB is high quality. You can build positions in any US bank to take part in the economic recovery and when interest rates rise.

A very solid, meat and potatoes bank. It’s up about 22% this year. Has a decent dividend yield.

$39.10, 10% negative to model price. There is better value elsewhere. All the value in USB has been recognized since the financial crisis.

Well run, superregional bank. One of the bigger regional banks. He would buy it.

Likes the US banks. Feels this one is fully valued here. Their commercial lending was very strong. Because he is concerned about a market correction, he would much prefer an ETF (ZUB-T). Thinks there is too much risk buying individual banks. Likes the sector.

(A Top Pick April 24/12. Up 10.21%.) Still has organic growth room ahead of it so it will be as cyclical or volatile as other banks.

Trades at a premium to book value and at the high end of the PE range. Thinks it will continue to do well. But others will do even better. Loan book is pristine and is an incredibly well run bank.