The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics across the investing world.

Both BP and JPMorgan Chase have hit the press in bad ways over the last few years -- BP for its April 2010 oil spill in the Gulf of Mexico and subsequent legal issues while JPMorgan suffered through the banking industrywide financial crisis circa 2008 and its JPMorgan-specific trading losses this quarter. Shares of both BP and JPMorgan have fallen under $40 a share. Anand thinks both are undervalued for risk-tolerant, long-term investors, but gives his opinion on which is the safer bet. In short, he prefers BP because of a simpler balance sheet (on a relative basis) and higher dividend yield. See the video below.

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