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7 pts

Opinion on  JPMorgan Chase & Co (JPM)     Sector: Financial  >  Industry: Money Center Banks
Great Results. Great Strategy.

Jan 15, 2009 05:17 PM GMT
Photo_36
Return Risk
+19.92% LOW
Sr. Analyst

Recent News   Fundamental Analysis   Favorable/Unfavorable Valuation  

Great Results. 7c a share profit when all had lost hope. Now the financial third world ( Our fourth estate) is realising the gem that their buy strategy was. Though WaMu will still cost them som emore pain but as long as they got good capital base from the purchase, they are the one singing all the way to their vault. Dimon's people strategy seems to work too. He has a lot of upbeat staff working on the same strategy they always had and they seem to know where the markets and the global depression is headed. Their research on India china and even Oil is doing better than many others from the frat.


JPM:  This call was made on 01/15/09 @ $26.04
Rating:   Positive   $26.04 (01/15/09)
Gain/Loss:   +69.62% in 300 days
Allocation:   20.9% of portfolio


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zyakaira previously rated JPM
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