
NYSE:JPM
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)
Undervalued. America's dominant bank despite the recent deposit run among regional banks. And yet shares have declined from $156 to $127. They report Friday and it could report a disappointment, but if the Fed declares victory over inflation, JPM could be THE stock to own. Pays a 3% yield, too.