Sheraz Mian with Zacks Investment Research believes bank stocks can be a great investment to hedge recession risks. He calls the Fed's recent rate cut problematic for banks in the short-term, but in the long-term, investments into banks will pay off. Sheraz expects an "anemic" loan-lending business to get a boost in the coming years. He also looks into his top stock picks in JPMorgan Chase (JPM) and Wells Fargo (WFC).
The Watch List
07 Oct 2024
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