Steven Eisman, senior portfolio manager at Neuberger Berman.
Katie Rooney | CNBC
Renowned investor Steve Eisman said Thursday U.S. banks are an attractive investment following the coronavirus-induced market sell-off.
“I actually think long-term, the best cyclical play out there are the very large banks,” Eisman, senior portfolio manager at Neuberger Berman, told CNBC’s “Fast Money.”
“Post the great financial crisis of 2008, the regulatory apparatus spent years working on the banks … the banks were forced to de-lever and to wield multiples more liquidity,” Eisman said. “Now that we have a second crisis, the banks are fine.”
Eisman is one