Banco Santander Flying Higher Today (STD)

Shares of Spanish bank, Banco Santander STD are flying to the upside today as investors position themselves ahead of the European bank stress tests. The general consensus is that the stress tests will be a positive catalyst for stocks like Banco Santander (STD), similarly to what happened in the United States in 2009. Over the last 6 months, STD has declined nearly 30%. Over just the last month, however, the shares have risen by more than 40%. Banco Santander has a market cap of $101.21 billion. The stock trades at a trailing P/E of 9.62, a forward P/E of 7.85, and a PEG ratio of 0.66. You Can't Afford Miss Out On These Money Making Trading Ideas