New Stock Pick

Did you my faithful reader listen to my call on Intel(INTC)? Not to brag but it was right short term and believe will be right long term too. I still love the company and will hold it forever. Today I want to talk about a bank that has been unfairly pulled down with the rest of the financial section. This regional bank is Hudson City Bank (HCBK). A very conservative well-run bank that specializes in the un-sexy business of giving people loans to buy 1-4 family homes. They stay away for speculative investors and they don't sell their loans in the after market. Meaning they keep all the loans they make. Therefore they have an extra incentive to make sure they are loaning money to people who will almost surely pay them back. Great well run company and an almost 6% dividend from this level. What is there not to like about this company? Happy investing. Tony