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A Look at Banking Stocks, Including Wells Fargo, Bank of America, and JPMorgan [UPDATE]

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Since the last article was written, JPMorgan is up about 5.8% and Bank of America is up about 7.8%.

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MINYANVILLE ORIGINAL On August 24, ChartLabpro.com wrote an article titled A Look at Banking Stocks, Including Wells Fargo, Bank of America, and JPMorgan. We wanted to revisit these names because last week we got a Strong Buy Rating on both the sector and JPMorgan (JPM) and Bank of America (BAC).

For those who are not familiar with our rating system, 4s are buys and 5s are strong buys. Since we wrote the last article, JPMorgan is up about 5.8% and Bank of America is up about 7.8%. Out of the sectors we cover, financials is the only sector that is rated a Strong Buy and was last rated a Strong Buy on April 5. Other notable names that are rated a Strong Buy are Goldman Sachs (GS), Wells Fargo (WFC) and Morgan Stanley (MS).


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No positions in stocks mentioned.
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