The Case of a Deeply-Rooted Pennsylvania Money Tree
If you're looking for a safe place to earn a solid dividend at a bargain price, Franklin Financial Services might just be your money tree. You can buy this undervalued bank's stock today at $13.60, earn a 5% dividend for the foreseeable future, and obtain a reasonable chance of doubling your money.
Disclosure: As of this posting, I own shares of FRAF and may subsequently either dispose of them or purchase more.
F.N.B. Corp, Hermitage, PA (FNB)
M&T Bank Corp, Buffalo, NY (MTB)
PNC Financial Services, Pittsburgh, PA (PNC)
(as of 3/31/2012)
G Warren Elliott, Chairman
William Snell Jr, President and CEO
Mark Hollar, Senior VP, Treasurer, and CFO
How undervalued is FRAF's stock price?
Why is FRAF so cheap?
What would make the stock price double?
What makes this stock relatively safe?