William L. Moore
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William L. Moore in Insider trading,

UBS Has a New Favorite Sector

UBS senior bank analyst Brennan Hawken said it's a good time to buy financials, according to an interview with CNBC.

Among others, Hawken has Buy ratings on Goldman Sachs Group Inc , Morgan Stanley , Citigroup Inc  and Bank of America Corp .

UBS said it became more constructive on banking stocks about a month ago, shortly before JPMorgan Chase & Co.  CEO Jamie Dimon bought millions of dollars worth of his company's stock.