Analyst Recommends JPMorgan, Morgan Stanley (JPM, MS, GS, PNC,USB, BAC)

Lawmakers have agreed upon a deal on financial reform. In an interview with CNBC, Paul Miller, group head of financial services at FBR Capital, discussed its implications on the market. He said that currently stocks like Morgan Stanley MS, JPMorgan JPM and Goldman Sachs GS look very inexpensive. He said, “I think we can all live with this and continue to think that stocks will continue to bounce as people get a better understanding of this.” He also likes PNC Financial PNC, U.S. Bancorp USB and Bank of America BAC
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Posted In: Analyst ColorNewsIntraday UpdateAnalyst RatingsDiversified BanksFinancialsInvestment Banking & BrokerageOther Diversified Financial ServicesRegional Banks
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