JPMorgan says Goldman Sachs is its top investment banking stock — and picks 7 more to buy
The future of investment banking is changing, and JPMorgan has named eight stocks that it thinks will benefit.“The Investment Banking industry, in our view, is in a much better shape today compared to where it has ever been,” the bank said in an analyst note this week.It sees four primary reasons for that: Lower risk thanks to a shift to more sustainable and less capital-intensive business, higher barriers for entry, more “sustainable” revenue streams and an increasing share of captive wealth m