Fast Money Traders Share Their Picks Ahead Of Bank Earnings

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.