Investment Project
Hey all,
So I am working on an independent project and was wondering if I could get some help from the people on this board. I have to rank these 5 stocks: JPM, Bank of A, GS, MS, Wells Fargo in order 1 through 5 and to which one I would want to buy the most and why. I just started and so far I have this.
1) JPM - sound balance sheet, reputation of being stable, no legal issues 2) GS- Weak 3rd quarter but still great balance sheet, projected uptick in underwriting activity, legal problems persist tho 3) Wells Fargo - Undervalued has great financials, expanding commercial business 4) Morgan Stanley - New dividend rate, Negative however CDS is flying off the charts against MS 5)BAC - Mortgage issues persist, so do legal issues. But better than expected 3rd quarter might signal good things to come
I would appreciate any input or assistance from you guys. If anyone can point out some good resources as well I would appreciate that
Thanks
WFC>BAC>JPM>GS>MS
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