|By PR Newswire||
|December 17, 2012 02:01 PM EST||
NEW YORK, Dec. 17, 2012 /PRNewswire/ -- BB&T Corp. (NYSE: BBT $28) has been picked by S&P Capital IQ as its Focus Stock of the Week. BBT carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.
"Due to key acquisitions made in 2009 and 2011, we believe 2013 will be a better year for BBT than for most of its regional bank peers," said Erik Oja, equity analyst at S&P Capital IQ. "We think BBT's loans, net revenues, and especially profits, will grow faster in 2013 than those at peers. We also think the risk factors facing BBT, such as the low interest rate climate, are manageable."
To view a video of Mr. Oja discussing BBT click on the following link.
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SOURCE S&P Capital IQ
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