JPMorgan Chase: Well Positioned To Work Out The Decent Potential


  • JPMorgan posted solid financials on the prints, however, with sourness reflecting the revision of future macro outlook.
  • I believe the US economy still has a margin of safety against the ongoing headwinds, allowing JPM to feel relatively sound with its diversified business lines.
  • Although the valuation of JPM offers a moderate upside, I believe my bullish call will pay out once the positive outlook works out.

J.P. Morgan Raises The Price Offered To Buyout Bear Stearns

Chris Hondros/Getty Images News

JPMorgan Chase (NYSE:JPM) delivered strong financial results in the recent quarter, albeit affected to some point by the more conservative macro outlook. I believe that the US economy still has a prominent margin of safety

JPM financial results

JPM financial results (company reports)

Comparable valuation

Comparable valuation (Seeking Alpha data, author’s estimates)

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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