Are Bank Stocks a Buy Ahead of Quarterly Results?

JPMorgan (JPM) shares have lost roughly -7% of their value since the end of August when they reached their 52-week high. Wells Fargo (WFC) , which joins JPMorgan in kicking off the Q3 earnings season for the Finance sector on Friday, October 11th, is down only half that much in that period.The performance of these two bank stocks since August 30th contrasts the S&P 500 index, which gained +0.8% over that time window.The recent underperformance of JPMorgan and Wells Fargo shares notwithstanding, these two st ...