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
PARTIAL SELL

Buy after JPM has increased its interest in a Chinese joint venture? His problem is that interest rates are so low that they can't make money. It's a partial sell, and instead buy MS or Goldman.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Oct 15/20, Up 14.5%)Stockchase Research Editor: Michael O'Reilly Wanting to remain disciplined, we are recommending covering 50%, as we have achieved our target of $116. We also recommend moving the stop-loss to $97 (previously $92).
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly JPM just reported earnings and the 3% drop in revenue from a year ago, but revenues were $1 billion higher than expected at $29 billion. Investment bank revenues were up 21% over the year thanks to a strong trading segment. EPS was reported at $2.92, beating consensus by $0.73. The company managed to post $611 million in credit-reserves, when the market expected $1.5 billion. It pays a good dividend (backed by a 47% payout ratio) and is likely poised to increase it again soon, when allowed. We would trade this with a stop-loss at $92. Yield 3.59% (Analysts’ price target is $115.90)
DON'T BUY
The US banks report next Tuesday and he doesn't expect good numbers. The banks are helpless because interest rates are so low. JOM is a big lender to small business, but small businesses are troubled now due to Covid. The Fed Reserve also scrutinizes them for their buybacks and dividends.
BUY
On the subject of spoofing, it is illegal and regulators have clamped down on it. With a sprawling organization like JPM, there are incentives for traders. Owning any bank in 2020 has been a disaster. He is hopeful the company has taken the medicine and the economy continues to recover. It is very cheap and attractive at this price. He continues to buy.
PAST TOP PICK
(A Top Pick Jun 05/19, Down 8%) Given the pandemic, their results were quite good. It is a large bank and benefits from capital markets activities. They have taken appropriate loan loss provisions. Dividends are safe. Rates have come down to levels to where they should stabilize or rise. He is positive on this and financials in general.
BUY

It's pulled back, so buy it now. Now only 130% of book value. Gold standard in banking in the world. Revenues were up 13% y/y. Economy is opening up a bit faster than predicted, so some reserves may be recaptured. Can absorb the recent fines without a hiccup. A different situation than with Wells Fargo; JPM penalty is a one-off.

PAST TOP PICK
(A Top Pick Aug 20/19, Down 9%) Class act. Rock solid balance sheet, outstanding leadership. Great investment banking, large digital presence. Well capitalized. Good valuation. Being paid to wait while pandemic gets solved is a wise long-term decision. Yield is close to 4%.
TOP PICK
Best in class. Rock solid balance sheet, outstanding leadership. Great investment banking, large digital presence. Well capitalized. Good valuation. Dividend sustainable. Election outcome won't have a negative impact. Yield is 3.82%. (Analysts’ price target is $114.86)
BUY

She prefers JPM to Citi because their managers are strong; they're the cream of the crop among US banks. JPM was very conservative in their provisions in the last few quarters. JPM will bounce back well.

BUY
Time to buy. Recent earnings showed trading gains more than offset by loan loss provisions. Good long-term hold.
BUY

JPM vs. BAC Both incredible companies. All bank stocks are trading at a substantial discount. JPM pays a nice dividend, and trades at a bit of a premium. BAC trades at 0.8x book. Both well run.

BUY ON WEAKNESS
It's been a rough ride this year. The bank has taken loan loss provisions of 18B dollars over the full cycle. Maybe this was over protective and we could see some flow back into earnings over the next few years. If you believe the economy will continue to recover and improve, it should recover. He is adding to his position right now.
TOP PICK
One of the world's largest banks. All big banks are struggling to determine their credit losses, but JPM is likely well-covered. It trades at a reasonable 13x earnings with price to book at 1.2x, and pays a dividend around 3.5%. A fine value proposition. The market likes growth now, but will likely swing back to value like JPM. JM boasts price appreciation and a growing dividend. (Analysts’ price target is $113.82)
HOLD
Collateralized loan obligations? He likes the US banking sector in general, although he holds others than JPM. CLOs are hard to understand. The Fed Reserve looks closely at these in depth. He is not concerned about their exposure in CLOs and believes they are well capitalized.
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