They're cheap and dangerous. But analysts say there are opportunities for the right investor.
NEW YORK (CNNMoney.com) -- It's undeniable: Bank stocks are cheap.
Earlier this week, Citigroup (Charts, Fortune 500) stock finished below $30 a share for the first time in over five years. Shares of another troubled Wall Street firm, Merrill Lynch (Charts, Fortune 500), are trading at a 39 percent discount from where they were before the credit crisis erupted a few months ago. And shares of Washington Mutual (Charts, Fortune 500), the nation's largest thrift, are down more than 60 percent since the start of the year.
Bank stocks: Buyer beware - Nov. 30, 2007
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