A company that has recently caught our eye is Southside Bancshares (SBSI). Headquartered in Tyler, Texas, Southside Bancshares is “…a bank holding company for Southside Bank (the Bank). The Company is a community-focused financial institution that offers a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations in the communities (source: Google Finance).”
In this review, we’ll examine the Altimeter for Southside Bancshares and attempt to determine ideal times to buy the stock. In addition, rather than expect that the stock will go from the buy (lowest) end of the range to the sell (highest) end of the range, we’ll track the stock from the buy level to the mean level to see what kind of investment performance is generated.