Money Center Banks - You can make a ton of money on Money Center banks by buying them during recessions and selling them during booms, and I have benefited from doing this several times. Of course, you can also lose everything if you own a Money Center Bank during a recession, and it is too weak to survive until the recovery comes, as I did with the doomed Washington Mutual. When recessions hit, their profits typically plunge and so do the stocks. You don't want to be in a Money Center Bank (or Investment Banker) headed into the next recession or next "banking crisis", such as the 1983, 1989 and 2008 banking crises. On the other hand, like all cyclicals, a tremendous amount of money can be made on them coming out of recessions, and you will find multi-baggers here.