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Wells Fargo Stock Has Been Beaten Down. It Could Be a Buy. – Barron’s

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The biggest banks have reported earningsand investors can be forgiven if theyre unsure of where the opportunities are now. The answer might lie in how much uncertainty they are willing to embrace.JPMorgan Chase
(ticker: JPM) was first out of the gate, and while it wowed Wall Street with its trading profits, the bank had to put $10.5 billion aside to cover potentially bad loans. CEO Jamie Dimon struck a cautious tone on the economic recovery during an analyst call, telling investors that the ba…

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