Today, Austin Smith discusses why he thinks the credit card delinquency rate will so important to watch when JPMorgan
For contrarians, the financial sector’s downfall could be a ripe area to pick winners. And no fallen angel is a better bet than Bank of America. To get our senior bank analyst's thoughts on the sector, click here for access to Bank of America's premium investment report.
Austin Smith owns shares of Wells Fargo & Company. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase & Co., and Wells Fargo & Company and has the following options: short APR 2012 $21.00 puts on Wells Fargo & Company, short APR 2012 $29.00 calls on Wells Fargo & Company, short OCT 2012 $33.00 puts on Wells Fargo & Company, and short OCT 2012 $36.00 calls on Wells Fargo & Company. Motley Fool newsletter services recommend Wells Fargo & Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.