JPMorgan Chase & Co. (JPM)

97.10
0.08 0.08
NYSE
Prev Close 97.02
Day Low/High 95.25 / 96.93
52 Wk Low/High 76.91 / 141.10
Exchange NYSE
Shares Outstanding 3047.02B
Market Cap 295.62B
P/E Ratio 10.95
Div & Yield N.A. (N.A)

The Reports of the Banking Industry's Death Are Greatly Exaggerated

* Between Monday and Wednesday Berkshire Hathaway lifted its Bank of America stake by 34 million shares (to 982 million shares) * BAC is my second favorite bank stock "The reports of my death are greatly exaggerated." - Mark Twain Following a rumor ...

JP Morgan West?

The new Wells Fargo team, many from JP Morgan , is getting stronger and stronger.  

Jim Cramer: Non-Traditional Banks Are Starting to Pull Away From the ETFs

Jim Cramer: Non-Traditional Banks Are Starting to Pull Away From the ETFs

Overall, the banks failed you again. But the future for two of them is much brighter than the past.

Jim Cramer: Let's Talk About the Big Winners in the Housing Market

Jim Cramer: Let's Talk About the Big Winners in the Housing Market

For housing, lower rates have the biggest multiplier impact of any industry in the country.

Bank of America Remains Attractive

* BAC is my second favorite bank stock  BAC reported second quarter profits of $0.37/share, well above consensus of $0.29.  The EPS upside was due to a lower than expected loan loss provision ($3.6 billion) and a reduced tax rate - not optimal, from...

Jim Cramer: An Analyst's Dream

Jim Cramer: An Analyst's Dream

All we have to do is take our cue from companies that boosted their forecasts but their stocks did nothing.

Don't Bank on Banc of California's Dividend Staying Intact

Don't Bank on Banc of California's Dividend Staying Intact

The bank was turning in disappointing performances before Covid-19 hit, and the impact of the virus may only make things tougher.

Who Ya Gonna Believe, Them or the Markets' Seductive Lying Eyes?

* Look to the ground (as bank managements are), not to the sky * Most investors should consider taking a "time out" and maintain above average cash reserves  "Who ya gonna believe, me or your lying eyes?" - Groucho Marx, Duck Soup   While the focus ...

When Value Leads, the Market Bleeds

When Value Leads, the Market Bleeds

As money rotates out of growth, it indicates concern about valuation and that is not a bullish development.

Jim Cramer: I Think Goldman Sachs Is an Amazing Buy

Jim Cramer: I Think Goldman Sachs Is an Amazing Buy

The fact that Goldman can make this much money in this environment is extraordinary. It's too cheap.

Citigroup Remains My Favorite Bank Stock

In late June I last updated Citigroup , in Citigroup In A Post Covid World.   Then I wrote:  ...Since then, the world has changed - and so have Citigroup and other banks' share prices. 2020 for Citigroup, as with other large money center banks, will...

Jim Cramer: Here's My Sore Thumb Index

Jim Cramer: Here's My Sore Thumb Index

This is how you can tell which camp is winning and which is losing in this time of Covid-contradiction.

Citigroup and Wells Fargo

Citigroup's results, much like that of JPMorgan , shows a nice beat. Wells Fargo , not surprisingly, disappoints. I will have more on both - but I have to digest and go thru a series of conference calls.

JPMorgan Chase Gave Positive Clues Before Its Earnings Beat

JPMorgan Chase Gave Positive Clues Before Its Earnings Beat

However, the longer-term picture for the bank giant's shares is clouded by questions about volume and buyers' commitment to the stock.

The Case for Bank Stocks Remains Strong and Intact

* Bank stocks, viewed as intermediate term investments, are now uncommonly cheap * My June 5 expectation for "backing and filling" in the group has been realized * This week's EPS reports could mark the industry's nadir in operating fundamentals * G...

We'll Be Checking on These Corporate Earnings Next Week

Next week the June quarter earnings season maelstrom kicks off with 115 companies, including 32 S&P 500 constituents, reporting their latest quarterly results. In recent days we've seen a number of companies up their outlook for the quarter but we'v...

Jim Cramer: Here's What We'll Find Out When the Banks Report Next Week

Jim Cramer: Here's What We'll Find Out When the Banks Report Next Week

The banks have the ability to determine much of what's real and what's phony, more than any other group.

If There's No Fast Recovery, a Different Set of Macro Pressures Could Emerge

If There's No Fast Recovery, a Different Set of Macro Pressures Could Emerge

The pace of the economic recovery has cooled in recent weeks. And some businesses might start making larger spending cuts if they feel the economy will be under pressure for a while.

Jim Cramer: Think This Can Go on Forever? Don't Bank on It

Jim Cramer: Think This Can Go on Forever? Don't Bank on It

Wells Fargo, Citigroup and JPMorgan Chase report on July 14, and they will do so at a time when a large group of people are unlikely to make rent.

Covid-19 Complications, Grocery Store-y, More on Moderna: Market Recon

Covid-19 Complications, Grocery Store-y, More on Moderna: Market Recon

Plus, a closer look at Thursday's late-day rally and at actions impacting the nation's big banks.

Want a Safe Dividend Stock? Look North

Want a Safe Dividend Stock? Look North

The Bank of Nova Scotia is a Canadian bank with a high dividend yield above 5%.

Fibocall: JPM Inside Our Zone

Wells Fargo: What's a Dividend Investor to Do?

Wells Fargo: What's a Dividend Investor to Do?

The bank has an attractive 7.6% yield, but uncertainty lurks.

An Explanation of Wells Fargo's Challenges and My Bank Stock Strategy

* I remain bullish on banks * Wells Fargo is attractive * The back and filling I expected last Friday is now happening One of the market issues I mentioned this morning was the appearance and comments of Wells Fargo CFO John Shrewsberry at Morgan St...

Wednesday's Takeaways

Something feels "wrong" about this market.  Mr. Market is remarkably bifurcated, there is insane speculation in worthless securities and the breadth seems "shaky" -- among many other issues. I ended the day much shorter than I started the day. Jay P...

Jim Cramer: Amateur Investors Are in for a Hard Landing

Jim Cramer: Amateur Investors Are in for a Hard Landing

The airlines and cruise companies are falling back down to earth, and here's why they started to take off in the first place.

This Market's High on Hubris, Low on Humility

"Admitting a mistake is not a weakness; on the contrary, it shows an openness of your heart. It takes guts to say sorry. Only a strong and well-balanced individual with clarity of mind can do so effortlessly. Taking responsibility for your actions r...

It May Be Time for Financials to Consolidate a Bit Now

* The large money center banks are as close to "forever" stocks for me * However, the recent rise in the sector - and near +10% opening print higher - have been almost vertical and some backing and filling would not be a surprise * Indeed, some cons...

Trading Isn't a Game -- But It Can Be Fun

Trading Isn't a Game -- But It Can Be Fun

Here's my delightful adventure playing Euronav using Webull.