Monday, September 28, 2015

JP Morgan Chase & Co. (JPM/PB)

Company Profile: JPMorgan Chase & Co. provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management.

Fundamental data:
Trailing P/E: 11.10
Forward P/E: 9.53
EPS: 5.54
Dividend Yield: 2.90%
Beta: 1.22
PEG: 1.40
P/S: 2.46
P/B: 1.03
Profit Margin: 25.05%
Operating Margin: 36.69%
ROA: 0.91%
ROE: 9.70%
Qtrly Earnings Growth: 5.20%

Additional fundamental data: http://finance.yahoo.com/q/ks?s=JPM

Technicals:
Recently broke out of a 6-month triangle consolidation
New 52-week High
New all-time high
Buying momentum (RSI) is positive and advancing
Buying volume is neutral
The stock has been outperforming the benchmark S&P 500 since July 2015
Support is at $26.60

The target is $30.50

Note: If JPM/PB moves past the target, we suggest using a 3% trailing stop.

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