RedHotStocks

$ZION, Hoping that tech investments pays off in Zion Bancorp

Long
NASDAQ:ZION   Zions Bancorporation N.A.
Earnings projections are quite mixed among analysts in Zion like many in the banking sector. Zion has invested heavily in modernizing and improving the approach to technology and It is hoped that it reaps rewards, we see this as a nice long term hold which has been oversold unduly. Crossing above the 200ma would be pivotal for the stock so maybe set $49 as a alert for possible entry.

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