Halter: ‘Big Believer’ in JPMorgan (JPM), Bank Earnings Breakdown
Schwab Network · Schwab Network
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Show Notes
Greg Halter spotlights the bank earnings as the season kicks off. He is a “big believer” in JPMorgan (JPM) and reacts to Jamie Dimon’s comments about the economy. He says markets haven’t given banks higher P/E ratios despite good results because they’re seen as a “regulated utility.” He also looks at Wells Fargo (WFC), saying it has “less in terms of diversification,” and Morgan Stanley (MS).
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