Risky Banking, Danger for Apple, and the Death of CDs

Before you go, we thought you'd like these...
Before you go close icon

In this rundown of news from around the stock market, Fool analysts Austin Smith and Anand Chokkavelu discuss:

  • Whether the LIBOR interest rate scandal changes the investing theses in JPMorgan and Citigroup, and whether there are simpler alternatives.
  • Apple's potential troubles in overcoming its reputation for getting leverage over partners as it tries to negotiate itself into our living rooms.
  • Trading at less than half of book value each, Citigroup and Bank of America are the laggards in the big banking space. Is one riskier than the other?
  • The latest blow to compact discs.

See it all in the video below.

Apple is the most influential company in technology and has delivered market-smashing returns. However, with the impending release of the iPhone 5 and Apple TV on the horizon, the stakes have never been higher for the company. If you're looking for a recommendation on how to play Apple, along with continuing updates and guidance on the company whenever news breaks, we've created a brand-new report that details when to buy and sell Apple. To get started, just click here now.

Anand Chokkavelu owns shares of Apple, Bank of America, Citigroup, JPMorgan, Wells Fargo, Sirius XM, Huntington Bancshares, and Fifth Third Bancorp. He also owns warrants in Citigroup, JPMorgan, and Wells Fargo and long-dated options of Bank of America. Austin Smith owns shares of Apple and Wells Fargo; and warrants in Citigroup. The Motley Fool owns shares of Apple, Bank of America, Citigroup, Fifth Third Bancorp, Google, Huntington Bancshares, JPMorgan Chase, and Wells Fargo; and has a covered strangle position in Wells Fargo. Motley Fool newsletter services recommend Apple, Goldman Sachs, Google, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners