Why the Big Banks Believe Housing Is Back
The video above is from Friday's Motley Fool Money radio show with host Chris Hill and analysts Joe Magyer, Ron Gross, and Jeff Fischer. In this segment, the focus is on JPMorgan Chase (NYS: JPM) and Wells Fargo (NYS: WFC) earnings. The guys debate JPMorgan CEO Jamie Dimon's statement that "housing has turned the corner," discussing whether or not they agree and what it would mean for stocks in different industries, particularly for big homebuilders like Toll Brothers (NYS: TOL) and D.R. Horton (NYS: DHI) . Click play to hear the full analysis and conversation.
Of course, the most talked-about bank out there is Bank of America, and it's due to report earnings this week. Fool.com analyst Anand Chokkavelu, CFA, has authored an in-depth premium research report on BAC, detailing the bank's prospects and spelling out reasons to buy and sell. He'll also be providing a year's worth of guidance and updates on Bank of America as key developments occur, including an analysis of its quarterly earnings. Don't miss out on this invaluable resource -- Click here now to access your copy today.
The article Why the Big Banks Believe Housing Is Back originally appeared on Fool.com.Chris Hill has no positions in the stocks mentioned above. Jeff Fischer has no positions in the stocks mentioned above. Joe Magyer owns shares of JPMorgan Chase & Co. Ron Gross has no positions in the stocks mentioned above. The Motley Fool owns shares of JPMorgan Chase & Co. and Wells Fargo & Company. Motley Fool newsletter services recommend Wells Fargo & Company. 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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