JPMorgan: A Cheap Stock That Can Continue to Work Its Way Higher

JPMorgan sits at the nexus of virtually all economic activity, whether it's commercial, consumer, government. The IPO calendar is coming back slowly, but there are going to be more deals in the second half. And then you think about the banking franchise and the money that shifted over from some of the weaker, the more weakly capitalized regionals. There's just a lot of good things happening there, and I think the stock can continue to work its way higher.