JP Morgan Chase & Co

JPM-N

NYSE:JPM

102.41
0.04 (0.04%)
JPMorgan Chase & Co. is an American multinational banking and financial services holding company headquartered in New York City.
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Analysis and Opinions about JPM-N

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
July 31, 2020
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.
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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
TOP PICK
July 28, 2020
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)
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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
HOLD
July 22, 2020
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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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.
PAST TOP PICK
PAST TOP PICK
July 16, 2020
(A Top Pick Jul 10/19, Down 9%) The only US bank she holds. Best in class. Increased loss provisions in second quarter, using a worse than base case scenario. Outlook is quite murky. Still paying dividend, and company believes they can still do so.
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(A Top Pick Jul 10/19, Down 9%) The only US bank she holds. Best in class. Increased loss provisions in second quarter, using a worse than base case scenario. Outlook is quite murky. Still paying dividend, and company believes they can still do so.
BUY
BUY
July 8, 2020

A lot of negative sentiment has been out there regarding banks. BAC is a strong business, he favours JPM. They are both well diversified and have good valuations. The US banks were cleansed of the their toxic assets back in 2008-09. He would buy both.

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A lot of negative sentiment has been out there regarding banks. BAC is a strong business, he favours JPM. They are both well diversified and have good valuations. The US banks were cleansed of the their toxic assets back in 2008-09. He would buy both.

COMMENT
COMMENT
June 18, 2020
In 2000 we saw that collateralized debt pulls were effectively held off-balance sheet. These can result in the results being quite volatile. This time they are a little more in-house, but in the end the entity that holds them could be in for some significant pain. In Canada the banks hold them and will pursue you to the fullest extend of the law.
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In 2000 we saw that collateralized debt pulls were effectively held off-balance sheet. These can result in the results being quite volatile. This time they are a little more in-house, but in the end the entity that holds them could be in for some significant pain. In Canada the banks hold them and will pursue you to the fullest extend of the law.
TOP PICK
TOP PICK
June 17, 2020
He recently bought this off the March lows. He felt it was a compelling buy, trading not far from its book value. A very senior bank in the US and probably the highest quality. They have a great capital position coming off the 2009 crisis. Yield 3.56% (Analysts’ price target is $109.21)
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He recently bought this off the March lows. He felt it was a compelling buy, trading not far from its book value. A very senior bank in the US and probably the highest quality. They have a great capital position coming off the 2009 crisis. Yield 3.56% (Analysts’ price target is $109.21)
COMMENT
COMMENT
May 13, 2020

US financials? They own JPM as they have a well diversified business and strong balance sheet. GS is more a capital market sensitive company, which puts more pressure on them. She suggests having Canadian and US banks in your portfolio.

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US financials? They own JPM as they have a well diversified business and strong balance sheet. GS is more a capital market sensitive company, which puts more pressure on them. She suggests having Canadian and US banks in your portfolio.

PAST TOP PICK
PAST TOP PICK
April 16, 2020
(A Top Pick Jun 04/19, Down 17%) He would still stick with US banks. Their results were not a high surprise to markets. He likes it because it is like a bank conglomerate. There may be issues around the dividend but it is a high quality holding. He continues to hold it.
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(A Top Pick Jun 04/19, Down 17%) He would still stick with US banks. Their results were not a high surprise to markets. He likes it because it is like a bank conglomerate. There may be issues around the dividend but it is a high quality holding. He continues to hold it.
BUY
BUY
March 12, 2020
Great company. Incredible balance sheet. Really nice dividend. If you have US dollars, it makes more sense than using Canadian dollars. Not worried about the CEO. It has a great franchise among very diversified areas of the banking industry.
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Great company. Incredible balance sheet. Really nice dividend. If you have US dollars, it makes more sense than using Canadian dollars. Not worried about the CEO. It has a great franchise among very diversified areas of the banking industry.
BUY
BUY
March 9, 2020
It is the cream of the crop in US banks. The CEO has not been well. The day he retires the stock may take a dive. The valuation has dropped in this market so it is certainly worth looking at.
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It is the cream of the crop in US banks. The CEO has not been well. The day he retires the stock may take a dive. The valuation has dropped in this market so it is certainly worth looking at.
TOP PICK
TOP PICK
February 18, 2020

TD his other big bank holding, but JPM has outperformed it. It's held up. They've invested tens of billions in technology. A better management culture than its peers, like Citi. He doesn't expect a US recession. (Analysts’ price target is $139.27)

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TD his other big bank holding, but JPM has outperformed it. It's held up. They've invested tens of billions in technology. A better management culture than its peers, like Citi. He doesn't expect a US recession. (Analysts’ price target is $139.27)

COMMENT
COMMENT
February 14, 2020

Wells Fargo has gone nowhere. There has been poorly managed but they have a new CEO. However, he looks for companies with good organic revenue growth that are not in the penalty box that delivers on growth. He prefers JP Morgan. They keep growing earnings, raising dividends and has a good balance sheet.

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Wells Fargo has gone nowhere. There has been poorly managed but they have a new CEO. However, he looks for companies with good organic revenue growth that are not in the penalty box that delivers on growth. He prefers JP Morgan. They keep growing earnings, raising dividends and has a good balance sheet.

TOP PICK
TOP PICK
February 5, 2020
They just released Q4 2019 earnings, which were $36 billion -- up 12%. Revenue was up 6%. They have transactions with half the US population. A real banking conglomerate. They are spending a lot on technology. A good defensive holding. Yield 2.63% (Analysts’ price target is $139.27)
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They just released Q4 2019 earnings, which were $36 billion -- up 12%. Revenue was up 6%. They have transactions with half the US population. A real banking conglomerate. They are spending a lot on technology. A good defensive holding. Yield 2.63% (Analysts’ price target is $139.27)
COMMENT
COMMENT
January 29, 2020

BAC vs. JPM Driving US banks is a strong economy and flat yield curve. Unlike last year, bank movement now will be on a valuation basis. JPM trades at a 50% premium to book value, and BAC at book value, but Citibank (which he owns) trades at 70% book value and is narrowing that gap. Citi is his choice.

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BAC vs. JPM Driving US banks is a strong economy and flat yield curve. Unlike last year, bank movement now will be on a valuation basis. JPM trades at a 50% premium to book value, and BAC at book value, but Citibank (which he owns) trades at 70% book value and is narrowing that gap. Citi is his choice.

BUY
BUY
January 14, 2020
Long owned this. A well-run company that does all the right things. Today's earnings were tremendous. He'll own this forever, and he bets the US economy will do well. This is a great compounder.
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Long owned this. A well-run company that does all the right things. Today's earnings were tremendous. He'll own this forever, and he bets the US economy will do well. This is a great compounder.
BUY
BUY
January 8, 2020

JPM vs. BAC Both are first-class banks. He owns JPM which trades at a much higher valuation than BAC. Both are tops in their business lines. For the next 5-10 years they'll be in a sweet spot of reducing costs with few regulatory issues to deal with. They'll use tech to drive their business, an advantage for larger banks who can afford that. They will do some small acquisitions. They should be trading at higher multiples. Cash flow allows them to raise dividends and buyback shares. Their payout ratios are much lower than those of Canadian banks.

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JPM vs. BAC Both are first-class banks. He owns JPM which trades at a much higher valuation than BAC. Both are tops in their business lines. For the next 5-10 years they'll be in a sweet spot of reducing costs with few regulatory issues to deal with. They'll use tech to drive their business, an advantage for larger banks who can afford that. They will do some small acquisitions. They should be trading at higher multiples. Cash flow allows them to raise dividends and buyback shares. Their payout ratios are much lower than those of Canadian banks.

HOLD
HOLD
December 5, 2019
He went all in on US banks when Trump was elected. After last year they traced back. He still has positions in two others but there is nothing wrong with this one.
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He went all in on US banks when Trump was elected. After last year they traced back. He still has positions in two others but there is nothing wrong with this one.
COMMENT
COMMENT
November 29, 2019
You want to minimize correlation risk so he would only hold one if you want a US bank. If you want more financials, you should diversify by region.
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You want to minimize correlation risk so he would only hold one if you want a US bank. If you want more financials, you should diversify by region.
DON'T BUY
DON'T BUY
November 27, 2019
When you compare the banks, JPM is twice as expensive as his top pick. JP Morgan is a leader and a bellwether. As an investor, you're concerned with the fundamentals and quality of the company, as well as the price. That creates the value equation, and it's not as strong for JPM.
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When you compare the banks, JPM is twice as expensive as his top pick. JP Morgan is a leader and a bellwether. As an investor, you're concerned with the fundamentals and quality of the company, as well as the price. That creates the value equation, and it's not as strong for JPM.
PAST TOP PICK
PAST TOP PICK
November 22, 2019
(A Top Pick Dec 13/18, Up 33%) A well-run company that he still owns. Of all the banks, it’s starting to look rich but it is a premier company that continues to grow earnings. You can continue to own and buy it. We should continue to see dividend growth and steeper earning growth. A solid long term holding.
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(A Top Pick Dec 13/18, Up 33%) A well-run company that he still owns. Of all the banks, it’s starting to look rich but it is a premier company that continues to grow earnings. You can continue to own and buy it. We should continue to see dividend growth and steeper earning growth. A solid long term holding.
HOLD
HOLD
November 20, 2019
The financial services group looks interesting and he is big into the space. Repricing of commissions will be challenging and it hampers SCHW's margins. If you think the yield curve steepens, this will help them. He would continue to hold, but there are others that he prefers like JPM.
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The financial services group looks interesting and he is big into the space. Repricing of commissions will be challenging and it hampers SCHW's margins. If you think the yield curve steepens, this will help them. He would continue to hold, but there are others that he prefers like JPM.
TOP PICK
TOP PICK
November 20, 2019
After the financial crisis in 2008, they skated through it all. Then they invested like crazy, putting $10 billion into technology. It trades at only 1.2 times book value. They are generating 13% return on capital with dividend growth and they have been buying their own shares. It has 2-3 years of a good run yet to go. Yield 2.77% (Analysts’ price target is $125.42)
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After the financial crisis in 2008, they skated through it all. Then they invested like crazy, putting $10 billion into technology. It trades at only 1.2 times book value. They are generating 13% return on capital with dividend growth and they have been buying their own shares. It has 2-3 years of a good run yet to go. Yield 2.77% (Analysts’ price target is $125.42)
TOP PICK
TOP PICK
November 7, 2019
Low rates are hurting a bit. Great company. Has all the pieces: commercial, personal, investment, asset management. Extremely well run. Dividend increases. US consumer is in a great space right now. Huge cash machine. Yield is 2.77%. (Analysts’ price target is $125.29)
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Low rates are hurting a bit. Great company. Has all the pieces: commercial, personal, investment, asset management. Extremely well run. Dividend increases. US consumer is in a great space right now. Huge cash machine. Yield is 2.77%. (Analysts’ price target is $125.29)
TOP PICK
TOP PICK
November 4, 2019
Sell put JPM Sell 130 put for cost of -$11.55. If JPM is > $130 by Sept. 2021, the puts expire worthless. If JPM is < $130 by Sept. 2021, then buy JPM at $130 with a -$11.55 premium.
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Sell put JPM Sell 130 put for cost of -$11.55. If JPM is > $130 by Sept. 2021, the puts expire worthless. If JPM is < $130 by Sept. 2021, then buy JPM at $130 with a -$11.55 premium.
HOLD
HOLD
October 17, 2019
It is probably the best run bank in the US. It is trading at a premium valuation. The sector is reasonably valued. But this is such a well managed company.
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It is probably the best run bank in the US. It is trading at a premium valuation. The sector is reasonably valued. But this is such a well managed company.
HOLD
HOLD
October 8, 2019
It's near its all-time high. He expects this to lead if the financials get going. He's holding on though it hasn't done much in the last 18 months.
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It's near its all-time high. He expects this to lead if the financials get going. He's holding on though it hasn't done much in the last 18 months.
BUY
BUY
October 7, 2019
North American banks have gone sideways, including JPM. JPM has been rangebound since early 2018. It tends to bounce off $110 and hits a ceiling of $120. That's one approach. Another approach is to see if it breaks-out above $120 and buy it then.
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North American banks have gone sideways, including JPM. JPM has been rangebound since early 2018. It tends to bounce off $110 and hits a ceiling of $120. That's one approach. Another approach is to see if it breaks-out above $120 and buy it then.
COMMENT
COMMENT
October 4, 2019
His favorite US bank. Go big or go home. The best managed and smartest commercial bank. There is room to raise the dividend, although it is in the late part of the cycle. He is not seeing significant loan losses. A solidly capitalized bank making the dividend safer today.
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His favorite US bank. Go big or go home. The best managed and smartest commercial bank. There is room to raise the dividend, although it is in the late part of the cycle. He is not seeing significant loan losses. A solidly capitalized bank making the dividend safer today.
PAST TOP PICK
PAST TOP PICK
October 2, 2019
(A Top Pick Oct 16/18, Up 7%) Still likes it. It's the premier US bank and he's owned it for a long time.
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(A Top Pick Oct 16/18, Up 7%) Still likes it. It's the premier US bank and he's owned it for a long time.
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JP Morgan Chase & Co(JPM-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 19

Stockchase rating for JP Morgan Chase & Co is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

JP Morgan Chase & Co(JPM-N) Frequently Asked Questions

What is JP Morgan Chase & Co stock symbol?

JP Morgan Chase & Co is a American stock, trading under the symbol JPM-N on the New York Stock Exchange (JPM). It is usually referred to as NYSE:JPM or JPM-N

Is JP Morgan Chase & Co a buy or a sell?

In the last year, 19 stock analysts published opinions about JPM-N. 13 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY on WEAKNESS. Read the latest stock experts' ratings for JP Morgan Chase & Co.

Is JP Morgan Chase & Co a good investment or a top pick?

JP Morgan Chase & Co was recommended as a Top Pick by Barry Schwartz on 2020-07-31. Read the latest stock experts ratings for JP Morgan Chase & Co.

Why is JP Morgan Chase & Co stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is JP Morgan Chase & Co worth watching?

19 stock analysts on Stockchase covered JP Morgan Chase & Co In the last year. It is a trending stock that is worth watching.

What is JP Morgan Chase & Co stock price?

On 2020-08-14, JP Morgan Chase & Co (JPM-N) stock closed at a price of $102.41.