Douglas Hughes is the editor of the banknewsletter.com. He also manages money for individuals and companies specializing in the smaller bank stock area and the mid-size regional banks. Mr. Hughes has been investing in this area for over 20 years and currently has over $120 million in assets under management. He has been quoted by many financial publications, including the L.A. Times. Mr. Hughes attended Pace University in New York, studying both finance and economics. His highly successful approach is based on the search for undervalued securities to invest in, while managing risk to produce superior gains over the market averages. He simply looks for businesses he can understand and which he can buy at bargain prices.
Oppenheimer Holdings (OPY) is a premier wealth management and advisory firm that is trading at historically cheap valuations and at a massive discount to its peers, asserts Douglas Hughes, editor of Bank Newsletter.
People are nervous, but Oppenheimer Holdings (OPY) is a buy; the investment banking firm has low risk and low leverage compared to almost any of its peers, asserts Doug Hughes, editor of BankNewsletter.
Oppenheimer Holdings (OPY) recently announced their best quarter in a decade and along with another 5% stock buyback, explains Doug Hughes, regional bank sector specialist and editor of BankNewsletter.
GNB Financial Services (GNBF) started in 1934, and they waited 72 years to open a second branch — both were in East Central, Pennsylvania, explains Doug Hughes, regional bank sector specialist and editor of BankNewsletter.