Maybe today's banking environment isn't quite “famine” on the feast-or-famine scale, but with results in hand from Wells Fargo (NYSE:WFC) and JPMorgan (NYSE:JPM)
it's pretty clear that this a very slow patch in core banking. While I
expect that some (if not many) investors will be more attracted to
stronger growth/recovery stories at once-troubled banks, I believe
JPMorgan continues to offer very good value for money in the banking
sector. Even if the company's sterling reputation has acquired some
patina, the valuation suggests that the company doesn't get its due for
its market share, credit quality, and profitability.
Read more here:
http://www.investopedia.com/stock-analysis/041213/credit-comes-rescue-jpmorgan-sees-soft-core-banking-results-jpm-wfc-usb-cbsh.aspx
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