|Bid||72.96 x 1100|
|Ask||75.69 x 900|
|Day's Range||72.60 - 76.67|
|52 Week Range||50.65 - 239.26|
|Beta (5Y Monthly)||2.76|
|PE Ratio (TTM)||43.16|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
I am a big fan of Silvergate Capital and the bank's CEO, Alan Lane, as well as the rest of his management team.
Now investors look to the Federal Reserve, which has been aggressively fighting inflation with its primary tool: interest rate increases. When the Fed raised rates by 75 basis points in June, it was its largest rate hike in 28 years. The Fed raised rates another 75 basis points in July, and investors expect a similar increase during its meeting next week.
Wealth-building investments don't have to start at the bottom of a bear market. These two stocks are almost always fabulous buys.