Banking Sector To Lead The Market: Analyst Tells CNBC (C)

Robert Albertson, principal and chief strategist at Sandler O’ Neill, is bullish about the banking sector.

Albertson shared his outlook on the sector in an interview with CNBC. He said, the “Banking system is solid and ready to go and is now waiting for the economy to improve.”

Albertson also said that the financials have performed very well. Among the stocks in the banking sector, Albertson likes Citigroup (NYSE: C).

Albertson said that the bank is completely risk free. He also said that the bank’s balance sheet is very robust.

Albertson said, “If you’re going to have a market recovery, you’ve got to have financials leading it. They haven’t caught up yet, so that’s possibly a good sign."