Company name JPMorgan Chase & Co.
Stock ticker JPM
Live stock price [stckqut]JPM[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Poor
EPS growth Poor
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Poor
Target stock price (TWCA growth scenario) $56.06
Target stock price (averages with growth) $45.68
Target stock price (averages with no growth) $26.58
Target stock price (manual assumptions) $56.71

The following company description is from Google Finance: http://www.google.com/finance?q=jpm

JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking. The Corporate & Investment Bank segment, comprising Banking and Markets & Investor Services, offers investment banking, market-making, prime brokerage, and treasury and securities products and services to corporations, investors, financial institutions, and government and municipal entities. The Commercial Banking segment provides financial solutions, including lending, treasury services, investment banking and asset management. The Asset Management segment comprises investment and wealth management.

 

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in JPMorgan Chase & Co. I am removing JPMorgan from my Watch List.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of JPMorgan Chase & Co. calculated?

For owners of my book, "The Confident Investor" I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.

I hope that this makes you a Confident Investor.

Silicon Valley’s armies of disruption are used to certain, and often quick, victory. But in the war for the future of payments, established financial giants aren’t going to raise a white flag.

That was evident last week when J.P. Morgan Chase [stckqut]JPM[/stckqut] lifted the wraps on its revamped Chase Pay service, expected to launch next year. The service will only be available to the bank’s customers, though that is a large base to build from. J.P. Morgan claims about 94 million holders of its credit, debit and prepaid cards.

That will increase the competitive pressure for companies like PayPal [stckqut]PYPL[/stckqut] and Square; the latter may go public next month. Those companies are racing to sign up merchants to their own systems, as is Apple [stckqut]AAPL[/stckqut]. It launched its Apple Pay service a year ago. At the time, many expected Apple to quickly dominate the payments sphere, as it has done in many other areas.

But Silicon Valley enthusiasts are likely underestimating the ability of the big banks to defend their turf. The banks have been in a fiercely competitive environment for years, battling each other tooth and nail for market share. And with new regulations putting pressure on many of their businesses, they are incentivized to expand less capital-intensive areas such as credit cards and digital payments.

Source: What Chase Pay Means for Silicon Valley - WSJ

Company name JPMorgan Chase & Co.
Stock ticker JPM
Live stock price [stckqut]JPM[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Poor
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $76.92
Target stock price (averages with growth) $68.51
Target stock price (averages with no growth) $35.74
Target stock price (manual assumptions) $71.41

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. The Company is a financial service firm and banking institution. The Firm provides investment banking; financial services for consumers and small businesses; commercial banking; financial transaction processing; asset management and private equity. The Company operates in five segments: Consumer & Community banking serve consumers and businesses through personal service at bank branches and through automated teller machines, online, mobile and telephone banking; Corporate & Investment Bank consists of Banking, and Markets and Investor Services; Commercial Banking delivers services, including corporations, municipalities, financial institutions and nonprofit entities; Asset Management provides investment and wealth management, and Corporate/Private Equity consists of Private Equity, Treasury and Chief Investment Office and Other Corporate.

 

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in JPMorgan Chase & Co. as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of JPMorgan Chase & Co. calculated?

For owners of my book, "The Confident Investor" I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.

I hope that this makes you a Confident Investor.

The market had a decent run for much of the week and then pulled back on Friday. We seem to be stuck in a bit of a holding pattern for now. I continue to stress that it is very important as to the stocks that you choose to have in your portfolio.

As always, my thoughts should only be used for educational purposes and any decision by the reader to use this information is subject to my disclaimer. In addition to the disclaimer, the stocks mentioned may have changed value from the time I wrote this to the time that you are reading it; therefore, the conclusions below may no longer be valid. The analysis on any investment indicator is always a short-term thought and just by being in this list the stock already is a long-term Good Company  or Fair Company and made my Watch List. If you are looking for long-term analysis of the stock, you should look for the stock in the company list that appears to the far right.

My analysis in this article is based on the investment indicator tools that I describe in my book, "The Confident Investor." If you are not subscribed to this site as a book owner, then you will not be able to see some of the analysis. You can purchase my book wherever books are sold such as AmazonBarnes and Noble, and Books A Million. It is available in e-book formats for NookKindle, and iPad. After you purchase my book, it is free to subscribe to the extra content on this site. 

I will only be commenting on stocks that are ranked as an "Investigate to buy" and Possible buy" on my daily investment indicator article. The most recent daily investment indicator article is from September 20. Those stocks are:

  • Agilent Technologies Inc.,
  • Autobytel Inc.,
  • Akamai Technologies Inc.,
  • Balchem Corporation,
  • BlackRock Inc.,
  • Broadcom Corporation,
  • Capital One Financial Corp.,
  • Deckers Outdoor Corp,
  • Google Inc,
  • Jarden Corp,
  • JPMorgan Chase & Co.,
  • KLA-Tencor Corporation,
  • Lululemon Athletica inc.,
  • Merck & Co. Inc.,
  • Panera Bread Co,
  • Potash Corp./Saskatchewan (USA),
  • Regeneron Pharmaceuticals Inc,
  • Constellation Brands Inc.,
  • Skyworks Solutions Inc,
  • Trinity Industries Inc,
  • Take-Two Interactive Software Inc.,
  • Ulta Salon Cosmetics & Fragrance Inc.,
  • Whole Foods Market Inc.,

Investment Indicator Thoughts

S&P 500
The general S&P 500 (ticker is ^GSPC and the first line of my investment indicator articles). The market improved slightly and is back into BUY territory but is still generally flat for the last several weeks. Caution is advised.

NASDAQ Composite
The NASDAQ Composite (the ticker is ^IXIC and the second line of my investment indicator articles). The index improved slightly but is still not back into BUY territory. Index has been generally flat for the last several weeks. Caution is advised.

Agilent Technologies Inc.
Agilent Technologies Inc. [stckqut]A[/stckqut] seems to be feeling some resistance at...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Autobytel Inc.
Autobytel Inc. [stckqut]ABTL[/stckqut] has been going sidways for weeks after a major...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Akamai Technologies, Inc.
Akamai Technologies, Inc. [stckqut]AKAM[/stckqut] had a good week but then gave a lot...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Balchem Corporation
Balchem Corporation [stckqut]BCPC[/stckqut] has had a bit of run for the last few wee...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

BlackRock, Inc.
BlackRock, Inc. [stckqut]BLK[/stckqut] has been going sideways for quite some time. M...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Broadcom Corporation
Broadcom Corporation [stckqut]BRCM[/stckqut] set a new 52-week high. Stock has grown ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Capital One Financial Corp.
Capital One Financial Corp. [stckqut]COF[/stckqut] had a nice run all week. Now we ne...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Deckers Outdoor Corp
Deckers Outdoor Corp [stckqut]DECK[/stckqut] is at its 52-week high right now and con...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Google Inc
Google Inc [stckqut]GOOG[/stckqut] looks to be stuck in a fairly wide sideways channe...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Jarden Corp
Jarden Corp [stckqut]JAH[/stckqut] has been growing nicely for several weeks. I sugge...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

JPMorgan Chase & Co.
JPMorgan Chase & Co. [stckqut]JPM[/stckqut] is showing nice growth and is challenging...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

KLA-Tencor Corporation
KLA-Tencor Corporation [stckqut]KLAC[/stckqut] set a new 52-week high. Look for this ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Lululemon Athletica inc.
Lululemon Athletica inc. [stckqut]LULU[/stckqut] pulled back all week from its high a...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Merck & Co., Inc.
Merck & Co., Inc. [stckqut]MRK[/stckqut] has been generally growing all year. May wan...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Panera Bread Co
Panera Bread Co [stckqut]PNRA[/stckqut] had a good week but like most stocks pulled b...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Potash Corp./Saskatchewan (USA)
Potash Corp./Saskatchewan (USA) [stckqut]POT[/stckqut] is trying to reverse its multi...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Regeneron Pharmaceuticals Inc
Regeneron Pharmaceuticals Inc [stckqut]REGN[/stckqut] is flirting with a 52-week high...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Constellation Brands, Inc.
Constellation Brands, Inc. [stckqut]STZ[/stckqut] very flat channel. Hard to get exci...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Skyworks Solutions Inc
Skyworks Solutions Inc [stckqut]SWKS[/stckqut] continues to run. I have said before t...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Trinity Industries Inc
Trinity Industries Inc [stckqut]TRN[/stckqut] continues a mult-month run. I have said...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Take-Two Interactive Software, Inc.
...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Ulta Salon, Cosmetics & Fragrance, Inc.
...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Whole Foods Market, Inc.
Whole Foods Market, Inc. [stckqut]WFM[/stckqut] is trading around its 52-week low and...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

The market pulled back last week and hasn't been great (except for individual stocks) for the past couple weeks. This is why it is so important to balance your index funds with well-chosen individual stocks. This week the Fed meets and it is quite difficult to judge what will happen after that meeting. This is a good week to be cautious with new investments. It is also a good week to consider taking your initial investment off of the table and let your earnings grow by themselves. I call this strategy GOPM for Grow on Other People's Money. It is well covered in my book, "The Confident Investor." I have also written of the basics on this site.

As always, my thoughts should only be used for educational purposes and any decision by the reader to use this information is subject to my disclaimer. In addition to the disclaimer, the stocks mentioned may have changed value from the time I wrote this to the time that you are reading it; therefore, the conclusions below may no longer be valid. The analysis on any investment indicator is always a short-term thought and just by being in this list the stock already is a long-term Good Company  or Fair Company and made my Watch List. If you are looking for long-term analysis of the stock, you should look for the stock in the company list that appears to the far right.

My analysis in this article is based on the investment indicator tools that I describe in my book, "The Confident Investor." If you are not subscribed to this site as a book owner, then you will not be able to see some of the analysis. You can purchase my book wherever books are sold such as AmazonBarnes and Noble, and Books A Million. It is available in e-book formats for NookKindle, and iPad. After you purchase my book, it is free to subscribe to the extra content on this site. 

I will only be commenting on stocks that are ranked as an "Investigate to buy" and Possible buy" on my daily investment indicator article. The most recent daily investment indicator article is from September 13. Those stocks are:

  • Agilent Technologies Inc.,
  • Apple Inc.,
  • Allergan Inc.,
  • Akamai Technologies Inc.,
  • Balchem Corporation,
  • Broadcom Corporation,
  • 3D Systems Corporation,
  • Deckers Outdoor Corp,
  • First Financial Bancorp,
  • Fossil Group Inc,
  • Harley-Davidson Inc,
  • Jarden Corp,
  • JPMorgan Chase & Co.,
  • KLA-Tencor Corporation,
  • Lululemon Athletica inc.,
  • Monster Beverage Corp,
  • Panera Bread Co,
  • Thermo Fisher Scientific Inc.,
  • Take-Two Interactive Software Inc.,
  • Ulta Salon Cosmetics & Fragrance Inc.,
  • Yahoo! Inc.,

Investment Indicator Thoughts

S&P 500
The general S&P 500 (ticker is ^GSPC and the first line of my investment indicator articles). This is the second week in a row that this index was not showing BUY. This is not a good sign. Be very cautious with opening large investments until we get a better trend. If you have made a significant gain in a stock, you may want to consider taking your initial investment off the table. If you are unsure how to do this, it is fully explained in my book The Confident Investor.

NASDAQ Composite
The NASDAQ Composite (the ticker is ^IXIC and the second line of my investment indicator articles). This is the second week in a row that this index was not showing BUY. This is not a good sign. Be very cautious with opening large investments until we get a better trend. If you have made a significant gain in a stock, you may want to consider taking your initial investment off the table. If you are unsure how to do this, it is fully explained in my book The Confident Investor.

Agilent Technologies Inc.
Agilent Technologies Inc. [stckqut]A[/stckqut] saw a break out at the end of the week...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Apple Inc.
Apple Inc. [stckqut]AAPL[/stckqut] had a good week last week with new products that w...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Allergan, Inc.
Allergan, Inc. [stckqut]AGN[/stckqut] has had a nice run for a couple weeks. I think ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Akamai Technologies, Inc.
Akamai Technologies, Inc. [stckqut]AKAM[/stckqut] is flirting with its 52-week high. ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Balchem Corporation
Balchem Corporation [stckqut]BCPC[/stckqut] is moving around in a sideways channel. L...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Broadcom Corporation
Broadcom Corporation [stckqut]BRCM[/stckqut] set a new 52-week high. Stock has grown ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

3D Systems Corporation
3D Systems Corporation [stckqut]DDD[/stckqut] is showing a weak signal. I don't think...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Deckers Outdoor Corp
Deckers Outdoor Corp [stckqut]DECK[/stckqut] is at its 52-week high right now. An inv...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

First Financial Bancorp
First Financial Bancorp [stckqut]FFBC[/stckqut] is in a pretty solid channel. I would...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Fossil Group Inc
Fossil Group Inc [stckqut]FOSL[/stckqut] continues its general slide even though it i...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Harley-Davidson Inc
Harley-Davidson Inc [stckqut]HOG[/stckqut] is trying to reverse its slide. Not sure t...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Jarden Corp
Jarden Corp [stckqut]JAH[/stckqut] showed some nice growth last week. Next resistance...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

JPMorgan Chase & Co.
JPMorgan Chase & Co. [stckqut]JPM[/stckqut] is showing nice growth and is challenging...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

KLA-Tencor Corporation
KLA-Tencor Corporation [stckqut]KLAC[/stckqut] set a new 52-week high. Look for this ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Lululemon Athletica inc.
Lululemon Athletica inc. [stckqut]LULU[/stckqut] had a very good earnings release and...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Monster Beverage Corp
Monster Beverage Corp [stckqut]MNST[/stckqut] continues to go sideways after its big ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Panera Bread Co
Panera Bread Co [stckqut]PNRA[/stckqut] went flat last week after a nice bump. I am n...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc. [stckqut]TMO[/stckqut] has been essentially flat since ...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Take-Two Interactive Software, Inc.
...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Ulta Salon, Cosmetics & Fragrance, Inc.
Ulta Salon, Cosmetics & Fragrance, Inc. [stckqut]ULTA[/stckqut] has new life and is n...
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book

Yahoo! Inc.
Yahoo! Inc. [stckqut]YHOO[/stckqut] has new life and is now setting its 52-week high....
The remainder of this investment indicator analysis is for registered owners of my "The Confident Investor" book