NYSE:JPM

JP Morgan Chase & Co (JPM)

335.26
+1.73 (0.52%)
as of Oct 20, 2026, 8:00:00 pm Market Open.
556 watching
0
BUY
The U.S. banks report next Friday

They're a safe place to deposit your money (in light of the regional banking meltdown) and this should make up for their lack of investment banking business.

BUY

Remains solid. Word is that large, stable, money-centre banks have been the beneficiaries of deposits. One of the biggest and the best. Many of the big banks are trading at historically low, relative valuations.

TOP PICK

It fits the theme of buying good companies which are getting better. It is the best capitalized bank in the U.S. and also the most conservatively run. Has a great franchise in the capital markets business. It benefits from rising rates and increasing interest margins. Trades at 11X earnings with a 3% dividend and is a good solution for the re-inflationary market we're in.   Buy 17  Hold 11  Sell 0

(Analysts’ price target is $157.12)
PAST TOP PICK
(A Top Pick Jan 18/22, Down 5%) Strong balance sheet can withstand the economic cycle. Building reserves in anticipation of its call for a mild recession. Highly regulated after financial crisis. Diversified, and many areas have held up. Analysts expect earnings to grow. Admittedly, fraudulent Frank acquisition was a misstep.
WEAK BUY
JPM vs. WFC Likes WFC's relatively low book-to-value valuation compared to other large US banks, and a yield of 2.78%. He likes JPM as well, but he really likes the value of WFC. You want to start to be overweight US and global financials. Improving macro picture, and you're not going to have a bull market without financials. See his Top Picks.
BUY
They report Friday. He's bullish the banks which will benefit from rate hikes. He expects JPM to release strong numbers.
PAST TOP PICK
(A Top Pick Jan 25/22, Down 8%) In CAD, you'd probably have broken even in the last year, so he won't complain. Biggest bank in the world, great management, wonderful assets. Pretty good stock, particularly at this price.
TOP PICK
Produces lots of cash. Leader in virtually all its franchises. Markets have overreacted to chances of a very deep recession. Chances of loan growth and margins falling off the table are not that great. Strong labour market will get in the way of a deep or long recession. Yield is 3.05%. (Analysts’ price target is $137.97)
WEAK BUY
Stock's taken off this month. Well run. 9-10x forward earnings, pretty cheap. Book value of 1.4x, so not the cheapest bank. He owns Citi and WFC. Financials should do well once the economy sees light at the end of the tunnel.
BUY
A great stock which should be much higher in two to three years. It is the largest bank in the U.S. and maybe the world. Payout ratio is much lower than Canadian banks. Not trading at a high multiple.
BUY
Their numbers today were surprisingly strong. The CEO has been very downbeat about the economy, which set the bar low. They reported 10% revenue growth YOY and earnings beat. Corporate investment banking struggled, but excelled in consumer up and community banking, up 14%. Net interest income soared 51%, ex-markets. Investment banking and home lending were soft, but expected. A share buyback would've been nice. Overall, a fine report.
WATCH
He sold it a while ago and was thinking of buying it back. It will be a challenging quarter when they report Friday. But is the CEO frustrated, given his recent remarks, about earnings potential?
WATCH
Reports October 14, expects it to be quite positive. Rising interest rates are helping. Net interest margins should expand. Watch the loan growth and the macro environment and what the CEO has to say, as this will affect the bank, the sector, and the whole market more than the quarterly results alone.
BUY
Has long held this. They have several diversified revenue streams that can withstand an economic uncertainty.
BUY
Are expanding into retail banking in Germany, just announced. They can expand even as peers are not. A big fan of the CEO and his team. Owns no other banks.
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