Over the past three months, I have had the privilege of guiding readers through a series of articles exploring the best investment opportunities in disruptive North American companies. As you know, I decided three weeks ago to temporarily stop this series once the Russell 2000 – the index that reflects the behavior of small and medium-sized American companies – reached the objective that I had set in stone at the highs of 2021. At this point, it is time, as I often say, to take out the camera.
The Russell 2000 faces crucial resistance at this 2021 high at 2,465 points. So that what we could call a ace pokerwhere all US indices demonstrate extreme strength, we need the Russell 2000 to successfully break through this 2021 cap aggressively, preferably on a monthly close, which the S&P 500, Dow Jones Industrial and tech Nasdaq have already done so. months ago. If that were the case, we would be facing a very favorable sign for 2025, which would reinforce my strategy of viewing 10% corrections in indices as wonderful buying opportunities. If that happens, I will resume looking for opportunities among these disruptive companies, but in due course.
At the same time, my attention is focused on other types of opportunities: blue sapphiresas I call the securities that aspire to be part of the next review of the Tressis Cartera ECO 30 fund, advised by elEconomista.es. Although only a few stocks are selected to join this fund, I want to explore and search for investment opportunities among the rest of the stocks. blue sapphires which, although not included in this review, stand out for being exceptional companies in terms of fundamentals and recommendations, being among the best in their sector.
In this second article, I will focus on blue sapphires of the banking sector. The banking sector, despite the challenges it has faced in recent years, remains a fundamental pillar of global economic growth and a key sector for investors seeking strength and consistent returns. In a context of monetary normalization, where higher interest rates allow greater profitability of credit activity, financial institutions have been able to adaptdiversify your income and optimize your cost structures. Among the blue sapphires banking companies in Europe and the United States, highlight emblematic names that reflect the strength of the sector.
In Spain, Banco Santander and Banco Sabadell are positioning themselves as leaders in their segments, combining innovation and international expansion. France brings giants like BNP Paribas and Société Généralewhile Italy shines with UniCredit, Intesa Sanpaolo and Banca Mediolanumpillars of the financial system of southern Europe. In Portugal, Banco Comercial Portugués represents a solid option in a smaller but resilient market. Germany, in turn, offers opportunities Deutsche Bank and Commerzbankboth benefiting from the country’s economic robustness.
In the United States, names like KeyCorp are positioning themselves as interesting bets, with strategies adapted to competition in the world’s largest financial market. Greece, for its part, catches my attention with three notable entities: National Bank of Greece, Eurobank Ergasias Services and Alpha Services & Holdingswhich managed to overcome macroeconomic difficulties and consolidate their role in the Balkan market. This range of options demonstrates how the banking sector, despite market fluctuations, remains an essential sector for building diversified and resilient portfolios.
Below I will analyze a few of them, but I am confident that they will all go hand in hand in both a bullish and, if applicable, a temporarily bearish scenario for the sector, which would probably end up being the opportunity to get started.
Bank of Santander
At the end of April, Santander shares reached the powerful horizontal resistance of 5 euroswhich is the one that I have pointed out to you on numerous occasions as the one that must be overcome to definitively enter into free absolute rise, which is the most bullish technical situation that exists, thus following the behavior of the BBVA, Bankinter or CaixaBankwho are already in free climb for months now.
The extent of this strong resistance of 5 euros It is normal that at the first opportunity the purchasing advance stops again and from there the bank has chosen to consolidate its positions, but everything indicates that it is only a matter of time before it manages to beat it, which is why it considers that it is necessary to keep Santander in the portfolio and if they are out, they can take advantage of a possible drop to buy. The optimal levels to set foot in Santander are found in the 4.10 eurosbut if what you are looking for is an increase or an area that constitutes a real gift, I suggest you wait and see if the Santander forms a second stage of decline similar in proportion to what we saw between April and August, which led to the Santander of 4.82 to 3.72 euros. If this happens, we could buy at an optimal level from a long-term perspective, as 3.50 euros.
BNP Paribas
BNP Paribas is a leading European bank, headquartered in France, and a global leader in financial services, offering solutions in retail, corporate and investment banking. It stands out for its focus on sustainability and digital innovation in the financial sector.
If you ask me where I would buy shares of the French bank with my eyes closed, I would tell you that in the field of 50 euros. The base of the channel that has guided the rises of recent years is running through this environment and a reduction in this support would mean seeing a 38.20% Fibonacci correction of the entire uptrend born at the 2020 lows. 50 euros They can place their purchase orders, while waiting to see if the Three Wise Men behave.
KeyCorp
KeyCorp is positioned as a leading regional banking institution in the United States, with a strong presence in the small and mid-sized business segment.
KeyCorp has between eyebrow and eyebrow recover the historic heights area of $23.75 to $24which stopped the increases both in 2007 and in 2021. Up to this objective, which it will probably end up exceeding to enter into absolute free growth, there is a margin of increase of a little more than 20% . If in the near future there was a drop in its price towards the zone of $18-17.50where it would open a wide bullish gap, would be a buying opportunity. You can place your order forms there. If he does not fall there, we will wish him a safe journey to his historic heights.
German Bank
Deutsche Bank is a benchmark in the German and European banking sector, distinguished by its ability to adapt in a competitive environment and its leadership in corporate and investment banking. Its recent restructuring has improved its profitability and strengthened its position on international markets.
Technically, this would seem to me to be an exceptional call option if its shares suffered a decline in market support. 14 euros. There is the bullish guideline that guides the increases since 2022 and the Fibonacci adjustment level of 23.60% of the entire rise from the 2020 lows. 14 euros They can place their purchase orders. If you want to purchase only as a Christmas gift, you must wait for a delivery time. 12.50 euros.
