JP Morgan Chase & Co

JPM-N

(A Top Pick Jun 08/18, Up 3%) The US banks have not rebounded as well as the Canadian ones. The US economy continues to grow and consumers are in an improving state. The stock trades at 11 times PE with a yield of 3%. She expects the dividend to continue to grow and expects them to buy back stock.

(A Top Pick Jun 05/18, Up 4%) The banks have come under pressure lately, but he continues to recommend it.

A high quality US bank. Economically things continue to look good in the US. They have worked had to improve the balance sheet. Capital is managed well and it appears to be a good defensive holding. Yield 2.9% (Analysts’ price target is $118.04)

Best of the US banks. Continue to take market share. Growth is harder to come by, as we're late in the credit cycle. Investment banking is improving. Loan book is doing well. Stock has run up. He prefers to hold TD bank, and that gives him US exposure.

He likes the US banks in general. However, he has pared back on some of his US bank holdings. His concern is that interest rates are staying low. He might tend toward some of the Canadian insurance companies, because later stage in the economic cycle with the banks.

(A Top Pick Jul 10/18, Up 7%) It has one of the best CEOs in the world. Cheap valuation. Good if you think the US economy will continue to grow. A great operation.

Very well run, decent dividend, trades at fair valuations. May or may not get back down to $100, but doesn't think it likely. His time frame to own is 5-10 years. Well diversified international bank.

Regulatory environment for US banks has been difficult. Doing a lot with blockchain, one of the leaders in trying to get it into bank strategies. Interest margins are going to be tough with the flat curve, so he's taken money out of US banks. Can't find a higher quality name than this. Best CEO in the game. Just doesn't like it at these levels.

One of the three US banks he owns. Financials have lagged in this rally of the last three months. Latest earnings are very positive.

(A Top Pick Oct 16/18, Up 3%) Got hammered in December but has recovered well. It's the best American bank. Its peers have disappointed him. Can't go wrong with it.

The cream of the crop, with fine products and managers. They rose their dividend which has room to grown. Loves JPM. PB and PE are cheap. It's his favourite US bank.

(A Top Pick Feb 21/18, Down 12%) He took a position during low interest rates. They moved up and the industry performed incredibly well and then something bad happened. Interest rates went high and money market funds became competitive with bank deposits.

They have a lot of room to go. He sees % growth. Capital ratios are very good. Return on equity is among the highest. It's a play on the US doing well and global growth. You can do well buying and holding this long-term.

He'd step into it. It's a sector leader. Didn't have a good Q4, but no bank did. It's an opportunity now. Pays a good dividend and run by a good CEO.

(A Top Pick Feb 13/18, Down 6%) The US bank sector took a hit in December and it has not quite recovered entirely yet. This is her play on the US economy and they have the largest holding of US investor holdings. They increased the dividend by 40% last year and the yield exceeds 3%. It trades at 10 times earnings -- below historical norms. Yield 3.1%.