Big Banks Are On the Move – Are They a Buy Ahead of Earnings?
Over the next few weeks, thousands of companies will tell us how much money they brought in during the last quarter, how much they made, and what they expect for the future. Tucked inside that stampede of earnings are some major moneymaking opportunities and some money-losing dangers. This week brings us the first big guns to release their results, and they’re all big banks. On Friday alone, JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), and Citigroup (C) will tell us how they did last quarter and what they expect here in the new year.
