NYSE:JPM

JP Morgan Chase & Co (JPM)

334.98
-1.61 (0.48%)
as of Sep 29, 2026, 8:00:00 pm Market Open.
557 watching
0
PAST TOP PICK
(A Top Pick Nov 4/09. Down 5%.) Still likes. Regulatory overhang has kept the stock from advancing. Has become a universal one-stop bank. Not expensive with a forward PE of 8X. Growth of around 8%. Will probably be one of the first US banks to increase/restore their dividend.
BUY
Doesn’t own tis one because he owns Goldman Sachs (GS-N). Sees more and more M&A activity coming and they make a lot of money on those transactions. One of the concerns is on the mortgage side and some of the private equity deals they may be restricted from doing. Can see it being higher.
TOP PICK
Opportunistic. They are the first financial that cracked into his top 10 in the last 2 years. Model price $53.80, 31% differential. Could fatten up dividend. Lots of room in the income forecasts for more distribution.
WAIT
This has not been a stock you want to be in this year. He has been significantly underweight financials, especially US. He has recently added to that, however. Well Capitalized and earnings are growing. You are starting to get write backs (bad loans that come back). Still have foreclosure mess to deal with but until dealt with you wont see great performance, but in 12-24 months you will.
WAIT
Just reported good earnings. Foreclosure issues would be the one thing that would stop him from saying this is a great buy at these levels. Would prefer Goldman Sachs (GS-N). Wait for more clarification.
TOP PICK
Floating rate maturing February/12. Currently yielding about 2.8% based on current coupon. (A floating rate every quarter (sometimes more frequently) resets its coupon based on 3, 6 month or short term bankers acceptance basis, plus a spread.) In this case coupon will be whatever 3 months BA’s (?) are at +0.22%. Also gives you about $2.50 of capital gain.
PAST TOP PICK
(A Top Pick Nov 4/09. Down 9%.) Good management team and good risk controls. Stock is down waiting to see what the US government does on financial reforms. Beat estimates 11 out of the last 12 quarters. Forward PE at around 12X. have room to boost the dividend.
TOP PICK
Management skill avoided a lot of the issues, especially with the subprime. All US financials are getting hit with headline risks because of financial regulation discussions.
TOP PICK
From a credit perspective, the high yield bonds are now 3.5-4% so there is significant improvement in the credit risk. The expectation is that the US banks will improve their book values. They should re-instate the dividend by year-end.
BUY ON WEAKNESS
This is one of the winners and success stories coming out of last year's credit cycles. The problem right now is the financial regulatory landscape in the US. Trading at 7-8 times earnings. If you own, continue to hold and add to it on pullbacks.
PARTIAL BUY
Very good choice in the US financial sector. Prefers Goldman Sachs (GS-N) but he likes this company. There are some regulatory risks. They want to punish the financials and they may. If you want to nibble in this area, this is a good one.
BUY
This is his preferred way to play US banks. This one is a great name. Very strong management. In both investment banking and consumer banking. Handily beat estimates by 15% last quarter. Pretty cheap PE at 12X forward earnings.
TOP PICK
Likes it because of its leadership position. Strong leadership. Solid balance sheet. Investment banking business is very strong. Good 3rd earnings. Took a small position and will add more if the stock falls further.
WAIT
It will pull back like the banks and then you could buy it. Buy 12-20% lower than today.
BUY
(Market Call Minute) Is one of the two best financial services companies in the US. But he is underweight the sector.
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