Bank of America Stock vs. JPMorgan Chase Stock: Wall Street Sees Limited Upside in One But Rates the Other a Strong Buy

Incoming President Donald Trump could not be more bullish for bank stocks, which have trailed the broader market for years. Trump could roll back banking regulation, or simply pay less attention to the banks -- a change from the scrutiny they've received from the Biden Administration. Bank mergers and acquisitions will likely get approved faster, and a Trump presidency and lower interest rates could usher in more deal-making and initial public offering activity, boosting investment banking revenues.The two largest banks in the U.S., JPMorgan Chase (NYSE: JPM) and Bank of America (NYSE: BAC), have already seen their stocks surge roughly 8% and 10%, respectively, since election day. It may not seem like much compared to some of the artificial intelligence high-flyers in today's market, but it's a big move for highly liquid, blue chip stocks with modest volatility. After the big move, Wall Street sees limited upside for one of these stocks, but rates the other as a strong buy.With roughly $4.2 trillion in assets, JPMorgan Chase is the largest bank in the U.S. The stock has flown roughly 40% this year, which again is a huge move for a stock with a beta roughly in line with the broader market.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool