Wednesday, April 17, 2024

The Banks Are Not All Right

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Buy This, Not That: The Banks Are Not All Right

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Shah Gilani

Shah Gilani
Chief Investment Strategist

"The bank remains alert to significant, uncertain forces."

Yikes.

So said JPMorgan CEO Jamie Dimon during the bank's earnings call last Friday.

And that set the tone for this season's earnings from banks.

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Despite most of the big banks hitting or beating their numbers...

Their stocks have taken a hit.

Does that mean any are a "buy the dip" opportunity right now? Or is something more troubling going on?

I take a look at the six largest U.S. banks... dig into the numbers... and lay it all out.

See which of the big banks are a BUY... and which are NOT... in today's Buy This, Not That video.

Click here or on the thumbnail below to watch.

Video - Monday Takeaways
 
WATCH THE VIDEO
(WITH TRANSCRIPT)

Cheers,

Shah

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