Intel Corporation (INTC), JPMorgan Chase & Co. (JPM), Bank of America Corp (BAC): Taking the Long View on the Dow (.DJI)’s Big Stories

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Though Bank of America Corp (NYSE:BAC)’s highly anticipated legal battle with investors over mortgage-backed securities, which could cost the bank $60 billion, is still in the works, JPMorgan Chase & Co. (NYSE:JPM) has certainly taken over the headline count for new potential legal headaches. This is probably a welcome respite for Bank of America Corp (NYSE:BAC)’s investors.

For banking investors in general, continued legal battles have been a struggle. They cut into profit as well as investor confidence. But overall, taking the long view of the bank’s prospects means accepting that there will be more legal headaches down the road. Focus on whether or not the bank’s operations can withstand the related losses, and whether growth will outweigh those losses.

The article Taking the Long View on the Dow’s Big Stories originally appeared on Fool.com and is written by Jessica Alling.

Fool contributor Jessica Alling has no position in any stocks mentioned. The Motley Fool recommends Bank of America and Intel. The Motley Fool owns shares of Bank of America, Intel, and JPMorgan Chase (NYSE:JPM).

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