Top Banking Stocks are WFC, JPM, ITUB

Wells Fargo & Company (NYSE:WFC) rallied 1.58% to $28.85 on a massive volume of 13.40 million shares. The stock has a 52-week range of $7.80-$31.53.  Wells Fargo & Company (Wells Fargo) is a financial holding company and a bank holding company. The Company is a diversified financial services company providing retail, commercial and corporate banking services through banking stores located in 39 states and the District of Columbia.  

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/.

JPMorgan Chase & Co. (NYSE:JPM) climbed up 1.93% to $39.63 on a massive volume of 10.47 million shares.  The stock has a 52-week range of $14.96-$47.47. Reuters reported that JPMorgan Chase & Co. is rethinking its purchase of RBS Sempra and could pick up only the joint venture's oil operations and all the non-U.S. businesses. But the U.S. power and gas businesses might be sold to Sempra Energy which jointly owns RBS Sempra with Royal Bank of Scotland Group plc. JP Morgan has been in exclusive talks to buy all of RBS Sempra for about $4 billion, but U.S. plans to stop proprietary trading by banks have prompted it to rethink its plans.

Itau Unibanco Banco Holding SA (ADR) (NYSE:ITUB) surged 2.96% to $19.72with a massive volume of 2.64 million shares. The stock has a 52-week range of $7.55-$23.95. Itau Unibanco Holding SA (Itau), formerly Itau Unibanco Banco Multiplo SA, is a private bank in Brazil. The Company has four principal operations: banking (including retail banking through Itau Unibanco, corporate and investment banking through Banco Itau BBA SA, or Itau BBA, and consumer credit to non-account holding customers through Banco Itaucred Financiamentos SA, or Itaucred), credit cards, asset management and insurance, private retirement plans and capitalization plans, a type of savings plan.

About http://www.pennystockpickreport.com/

Penny Stock Pick Report offers a stock newsletter on OTC, PINKSHEETS ,OTCBB, and AMEX Stocks. Our subscribers receive daily up to date stock information on midcap, smallcap penny stocks and also stocks that are traded at NASDAQ and NYSE stock exchange. If you wish to feature your organization on our website then you can contact us at the email given below.