Pete Najarian said on CNBC's Fast Money he is bullish on JPMorgan Chase & Co. JPM ahead of its earnings report, which is scheduled for Thursday. He thinks investors are expecting that loans are going to be a little bit weaker, but that its already priced in. He owns the stock because it has a good fundamental story and a well diversified business.
Update: JP Morgan Reports Q1 EPS $1.65 vs $1.52 Est., Sales $25.59B vs $24.9B Est.
See Also: Q1 Earnings Kick Off: Can Big Banks Reignite Sagging Rally In The Space?
David Seaburg thinks expectations ahead of earnings of JPMorgan are low. He expects that management is going to give a solid guidance because there is going to be a lot of cost cutting ahead.
Guy Adami likes Goldman Sachs Group Inc GS because it reported a great 4Q. It reports earnings on Tuesday and Adami thinks it's critical that it stays above $220.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
