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JPMorgan & Bank Earnings, Delta & Boeing & A New Strong Buy Stock - Free Lunch

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On today’s episode of Free Lunch here at Zacks, Associate Stock Strategist Ben Rains dives into fourth quarter earnings results from JPMorgan, Delta, and other giants, as well as rough Boeing numbers. The episode also breaks down why KB Home (KBH - Free Report) is a Zacks Rank #1 (Strong Buy) stock right now.

Fourth quarter earnings season unofficially kicked off Tuesday morning, with some of the big banks, including JPMorgan (JPM - Free Report) and Citigroup (C - Free Report) . Both banking giants impressed. Wells Fargo (WFC - Free Report) was not as lucky, as its scandals continue to haunt the firm.

Delta (DAL - Free Report) , meanwhile, kicked off airline earnings on a high note, which might put the pressure on United (UAL - Free Report) and others. Industry provider Boeing (BA - Free Report) reported its 2019 delivery and order results and they highlighted just how much the 737 Max crisis has hurt the aerospace powerhouse.

Looking ahead, Bank of America (BAC - Free Report) , Goldman Sachs (GS - Free Report) , UnitedHealth Group (UNH - Free Report) , and others are scheduled to report their quarterly financial results Wednesday. On top of that, all eyes will be on the U.S. and China Wednesday, with the world’s two largest economies expected to sign the phase-one trade deal.

The episode then ends with why KB Home is a Zacks Rank #1 (Strong Buy) stock at the moment. Fellow industry players such as M/I Homes, Inc. (MHO - Free Report) , M.D.C. Holdings, Inc. (MDC - Free Report) , and others also appear strong.

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