1 JPMorgan Stat to Ignore (and 1 to Heed)

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JPMorgan announced that it could create an additional $1 billion in pre-tax profit in five years by merging its investment and corporate banks with its treasury and securities services business. Fool analyst Anand Chokkavelu doesn't think there's much to the restructuring. He would pay more attention to JPMorgan doing away with its 17% return on equity goal. He explains in the video below.

With so many of the big finance firms like JPMorgan getting bad press these days you may be inclined to stay away from the sector entirely, but that could be a huge mistake. In fact some of the best opportunities over the next few years can be found there, including one small, under-the-radar bank. It's been called one of The Stocks Only the Smartest Investors Are Buying. You can learn about it, and more, in our exclusive free report. Just click here to keep reading

Anand Chokkavelu owns shares of long-dated options in JPMorgan. Andrew Tonner has no positions in the stocks mentioned above. The Motley Fool owns shares of JPMorgan. 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.

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