The JPMorgan Witch Hunt Doesn't Scare Me
May 27th 2013 12:01PM
Updated May 27th 2013 7:30PM
After the London Whale trading fiasco, many investors have sworn off allocating any of their funds to JPMorgan Chase and often point to lack of trust as their reason.
Motley Fool writers Ilan Moscovitz and John Reeves recently laid out why they wouldn't touch JPMorgan's stock.
However, in classic Fool fashion, health-care analyst Max Macaluso sought to hear the other side of the story and sat down with banking analyst David Hanson. In this video, David acknowledges the hesitation to trust the JPMorgan management team but highlights the enormously profitable enterprise and its bright future.
With big finance firms still trading at deep discounts to their historic norms, investors everywhere are wondering if this is the new normal, or if finance stocks are a screaming buy today. The answer depends on the company, so to help figure out whether JPMorgan is a buy today, check out The Motley Fool's premium research report on the company. Click here now for instant access!
The article The JPMorgan Witch Hunt Doesn't Scare Me originally appeared on Fool.com.David Hanson and Max Macaluso, Ph.D., have no position in any stocks mentioned. You can follow David and Max on Twitter. The Motley Fool owns shares of Bank of America, Citigroup, and 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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