3 Financial Stock Stories To Take To The Bank

JPMorgan Chase & Co. (NYSE:JPM): Closing price $49.00

Forrester Research’s 2013 Global and U.S. Mobile Banking Functionality Rankings has placed Chase Mobile in the number-one spot for both American and world banks on Thursday. Chase scored 71 out of 100, which was 15 points above the report’s average score of 56. Out of the 15 banks included in the study, Chase excelled for its mobile banking offerings across multiple touchpoints that range from smartphone applications and mobile websites to two-way Short Message Service. Forrester also recognized Chase’s money movement features like bill pay, which includes the ability to add a payee, and mobile transfer capabilities.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

JPM

Morgan Stanley (NYSE:MS): Closing price $21.43

Morgan Stanley Wealth Management, majority-owned by Morgan Stanley, has reinforced its adviser team in California and Florida with two veteran recruits from competitor companies. In Florida, Eric Behr joined Morgan Stanley’s Boca Raton office from Deutsche Bank (NYSE:DB), at which he served as a director and client adviser, and had an annual revenue output of around $1.2 million. In California, Thomas McCann joined Morgan Stanley’s La Jolla office from Merrill, where he managed in excess of $200 million in client assets and in 2012 generated roughly $1.1 million in revenue.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

MS

Goldman Sachs Group (NYSE:GS): Closing price $144.76

A knowledgeable source says that Goldman Sachs plans a $1.25 billion sale of five-year, floating-rate notes, also reporting that the bonds could pay 120 basis points more than the quarterly Libor. That amount compares with a floating spread of 125 basis points for $700 million of similar-maturity debt that Goldman issued in February, according to data by Bloomberg. Those securities are rated A3 by Moody’s Investors Service and A- at Standard & Poor’s, and were valued Wednesday at 100.6 cents on the dollar.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

GS

Don’t Miss: Most Americans Missed the ‘Economic Recovery.

More from The Cheat Sheet