This Week’s Earnings May Be Ugly, but This Bank Stock Will Soar Anyway

Earnings on Tuesday may be ugly, but buy any dip in this bank anyway…

This story was originally published here.

Against arguably the most confusing economic backdrop in this country’s history, U.S. banking giant JPMorgan Chase (NYSE:JPM) is set to report second-quarter earnings in mid-July. The numbers likely won’t be very pretty. The earnings report will likely weigh on JPM stock.

But don’t fret this weakness. Instead, take advantage of it.

The core fundamentals underlying the U.S. economy will improve over the next six months. As they do, JPMorgan’s numbers will only get better. Ultimately, JPM stock will shake off near-term weakness, and finish the year above $100.

Here’s why…

Editor's Note: Click here to keep reading.

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