JPMorgan Chase & Co. ($JPM) Target: $60 Confident Investor Rating: Good

Several times a year, a Confident Investor must reevaluate the companies in the portfolio. Keeping your money in a stock that no longer qualifies as a "Good" company can end up hurting your investment performance a great deal.  Also, there are a lot of Good Companies so losing the worst of the best is not going to impact the ability to have a balanced portfolio.  Over the coming days, this site will evaluate each stock on the Watch List.

 

Company name JPMorgan Chase & Co.
Stock ticker JPM
Live stock price [stckqut]JPM[/stckqut]
P/E compared to competitors Good
MANAGEMENT EXECUTION
Employee productivity Fair
Sales growth Good
EPS growth Good
P/E growth Fair
EBIT growth Good
ANALYSIS
Confident Investor Rating Good
Target stock price (TWCA growth scenario) $71.52
Target stock price (averages with growth) $92.88
Target stock price (averages with no growth) $81.01
Target stock price (manual assumptions) $47.64

The following company description is from Google Finance: http://www.google.com/finance?q=jpm
JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. JPMorgan Chase?s principal bank subsidiaries are JPMorgan Chase Bank, National Association (JPMorgan Chase Bank, N.A.), a national bank with United States branches in 23 states, and Chase Bank USA, National Association (Chase Bank USA, N.A.), a national bank that is the Firm?s credit card-issuing bank. JPMorgan Chase?s principal nonbank subsidiary is J.P. Morgan Securities LLC (JPMorgan Securities), the Firm's United States investment banking firm. The bank and nonbank subsidiaries of JPMorgan Chase operate nationally, as well as through overseas branches and subsidiaries, representative offices and subsidiary foreign banks. The Company's activities are organized into six business segments: Investment Bank, Retail Financial Services (RFS), Card Services (CS), Commercial Banking (CB), Treasury & Securities Services (TSS) and Asset Management (AM).

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

 

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