Should You Forget Capital One Financial? Here Are My Top 2 Bank Stocks to Buy Now

Banks provide a basic life necessity, financially speaking. It would be very difficult to operate in the modern world without a business that allows you to store your cash and facilitate the payments you need to make. But not all banks are the same, and some very popular bank stocks can expose investors to more risks than they may realize. Which is why I don't like Capital One Financial (NYSE: COF), but I do like two reliable high-yield banks from Canada.Capital One Financial is a bank, but it really focuses on issuing credit cards and making loans. Often, those cards and loans go to higher-risk, meaning lower-credit-score, borrowers. This can be a very profitable business since such customers often carry balances and are willing to suffer through high interest rates and/or fees in order to get access to credit cards and loans. And over time, Capital One has proven to be a very profitable investment. The stock price is up around 140% over the past decade.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool