JP Morgan Chase & Co. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : JP Morgan Chase & Co.

JPM 311.12

+0.5%

Oct 31 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: leisuresports who wrote (6)	1/22/2006 4:16:45 PM
From: Jong Hyun Yoo	Read Replies (1) of 10

JPM is definitely buy at this level. I see 50% upside to this stock even from the level you have sold. Dimon will turn this company around and there was plenty of signs from january earning call. The company will continue to improve its operating metric in 2007 and even without Fed's help, you will see EPS steadily rising. I see no other bank being able to do this. When Fed stops rate hike, the market multiple in the banking sector will rise from current 10 to 11 to somewhere between 13 to 14. WIth EPS estimate rising to above $4 by Smithbarney, you are looking at $60 and more by 2008. I am a buyer at current level just above $38.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next