By: Dividend Sensei
The market is up almost 100% since the March 2020 lows. Sectors like finance are roaring higher in 2021, thanks to rising interest rates.
But even with incredible profits over the past year, and a 35% overvalued S&P 500, wonderful blue-chip bargains can still be found if you know where to look.
Today, two SWAN quality banks are expected to profit immensely from the return to 2010s normal interest rates.
One is 15% undervalued, a potentially good buy, and offering a conservative 11% annual long-term return potential (analysts are more bullish expecting 18%).
The other is 31% undervalued and is expected to deliver close to 15% annual total returns but about 18% over the next decade.