Top 5 Life Sciences Stocks To Buy Right Now

Top 5 Life Sciences Stocks To Buy Right Now: SunTrust Banks Inc.(STI)

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services in the United States. The company?s Retail Banking segment offers consumer deposits, home equity lines, consumer lines, indirect auto, student lending, bank card, and other consumer loan and fee-based products. Its Diversified Commercial Banking segment provides commercial lending, financial risk management, capital raising, commercial card, and other treasury and payment solutions; insurance premium financing; and equipment and lease financing. The company?s Commercial Real Estate segment offers construction, mini-perm, and permanent real estate financing; capital raising services; financial risk management; treasury and payment solutions; and investment advisory and management services, as well as tailored financing and equity investment solutions. Its Corporate and Investment Banking segment provides investment banking products and services, such as strate g ic advice, capital raising, and financial risk management; and traditional lending, leasing, treasury management, and institutional investment management services. The company?s Mortgage segment offers residential mortgage products. Its Wealth and Investment Management segment provides brokerage, professional investment management, and trust services; family office solutions; administration and custody services; administrative and investment solutions; escrow; and investment advisory services. The company also offers mortgage banking, credit-related insurance, asset management, securities brokerage, and capital market services. SunTrust Banks, Inc. serves individuals and families; businesses; institutions; and governmental agencies through its network of traditional and in-store branches, automated teller machines, Internet, and telephone. As of December 31, 2011, the company operated 1,659 full-service banking offices. The company was founded in 1891 an! d is headquartered in Atlanta, Georgia.

Advisors' Opinion:

• [By WWW.DAILYFINANCE.COM]

  Getty ImagesThree of the nations largest banks have hiked their out-of-network ATM fees by 50 cents in the past six months. Rising ATM fees are making it more expensive for consumers who regularly use an out-of-network ATM to withdraw cash. The trend may be the push that some consumers need to find a better checking account or bank. In the past six months, three of the nation's largest banks -- Bank of America (BAC), Citibank (C) and SunTrust Bank (STI) -- have each hiked their out-of-network ATM fee from $2 to $2.50. At the top 10 U.S. banks, the average out-of-network ATM fee is $2.45, up from $2.25 in November. Then, don't forget that ATM operator also has the right to slap on a surcharge, usually around $3 to $5. If ATM fees are becoming a costly expense for you, here are some ways to avoid them: Find your bank's ATMs on your smartphone. The biggest reason we resort to using an out-of-network ATM is because ATM machines from our banks are nowhere to be found when we're in a rush. In many cases, your bank's ATM could just be around the corner, but you're in a hurry, so you don't care to check. Instead, you're willing to get hit with the ATM cash withdrawal fee, plus any ATM surcharge. However, with easy access to the Internet through smartphones, it would be wise to search for nearby ATMs. Many mobile banking applications feature a locator tool that will help you find an ATM based on your GPS location. Remember to use affiliated ATM networks. There are financial institutions -- usually community banks and credit unions -- that partner with other financial companies to expand ATM availability without imposing surcharges. For instance, some smaller banks and online banks work with the Allpoint or STAR ATM networks to provide more surcharge-free access to ATMs. Some credit unions also partner with the CO-OP ATM network, which doesn! 't impose! surcharges for members of partnered credit unions. Additionally, financial institutions may work with retailers to

• [By John Maxfield]

  While I'm not as well versed in insurance stocks, there are a couple of important things to note here with respect to banks. These companies appear cheap for a reason. Many, like S&P component SunTrust Banks (NYSE: STI  ) , are still atoning for sins committed in the lead up to the financial crisis. Their costs are high because of heightened mortgage-servicing standards and loan-loss provisions while their revenues are down thanks to the compression of interest rates.

• [By Amanda Alix]

  Now, smaller cousin SunTrust Banks Inc. (NYSE: STI  ) inked a $320 million deal with government regulators concerning its own missteps in administering HAMP, a case in which the bank was charged with some of the same behavior as B of A such as lying to customers about the status of their applications, unopened piles of which were stacked so high in a storage room as to crack the floor joists beneath them.

• [By Laura Brodbeck]

  Friday

  Earnings Expected From: General Electric Company (NYSE: GE), Schlumberger N.V. (NYSE SLB), Morgan Stanley (NYSE: MS), Honeywell International Inc. (NYSE: HON), Suntrust Banks, Inc. (NYSE: STI) Economic Releases Expected: US Leading Indicators, British Mortgage Approvals

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