Rocket Companies, Inc. (NYSE:RKT), American Express Company (NYSE:AXP) - JPMorgan On Finance Stocks In 2021: Why It's Bullish On Credit Cards, Cautious On Mortgages
Share: Financial sector stocks have been red-hot since the November election led by bank stocks as investors become increasingly optimistic about the impact of another large stimulus package, a resumption of buybacks and a longer-term economic recovery. On Tuesday, JPMorgan updated its coverage of consumer finance stocks by issuing several upgrades and downgrades and said there are plenty of areas to love and plenty to hate in the space in 2021. The Analyst: JPMorgan analyst Richard Shane issued the following ratings changes on Tuesday: American Express Company (NYSE: AXP) upgraded from Under...