Wednesday, January 16, 2013

Seeking Alpha: JPMorgan Has Room To Go Further

It's still early, but it's looking like this quarterly earnings cycle might not be holding much in the way of surprises for bank investors. That ought to be particularly welcome in the case of JPMorgan Chase (JPM), as surprises at large money-center banks like this tend to be of the negative variety. While loan losses are still elevated and both loan and spread growth are looking feeble at present, JPMorgan continues to look like an undervalued opportunity in the financial sector.

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JPMorgan Has Room To Go Further

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