Already one of the best-run companies I follow, JPMorgan Chase (JPM)
has shown an uncanny ability to leverage its strengths and maintain a
steady pace of process improvement while looking for new growth
opportunities. There wasn’t much that was all that new in JPMorgan’s
Investor Day presentations (nor in the 10-K), but when you’re already
executing very well on a very good plan, there’s not much reason to
change.
JPMorgan's shares remain undervalued in my
view, even though I believe banks are no longer in the best part of
their respective cycle. With a high-quality business that still has
meaningful long-term growth opportunities, I still regard this as a core
holding and I think the upside potential still leaves it as a name to
consider for new investment.
Click here for more:
The Strong Look To Get Stronger As JPMorgan Continues To Target Growth
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