2 Bank Stocks With Strong Results
The following video is from Wednesday's MarketFoolery podcast in which host Chris Hill, along with analysts Austin Smith and Bryan Hinmon, discuss the top business and investing stories.
Shares of both Goldman Sachs and JPMorgan Chase have handily beaten the market over the past year. Both reported strong Q4 earnings. Both companies have also done so at a time when they've had fewer employees because of cutbacks. JPMorgan CEO Jamie Dimon's annual bonus was cut in half, too. While he'll have to somehow manage to get by on a bonus of only $10 million, the guys credit JPMorgan's board of directors for taking action.
With big finance firms still trading at deep discounts to their historic norms, investors everywhere are wondering if this is the new normal, or whether finance stocks are a screaming buy today. The answer depends on the company, so to help figure out whether Goldman Sachs is a buy today, read our premium research report on the company today. Click here now for instant access!
The relevant video segment can be found between 7:07 and 10:30.
The article 2 Bank Stocks With Strong Results originally appeared on Fool.com.Austin Smith, Bryan Hinmon, and Chris Hill have no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs and owns shares of JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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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