Tim Wennes, chief executive officer of Santander US, says he was surprised by the bank's finding in a consumer survey that more than half of Americans didn't believe homeownership was required for their financial prosperity -- "a big change from conventional wisdom." He speaks with Sonali Basak on "Bloomberg Markets."
Banco Santander-Chile (BSAC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.