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JPMorgan: best in class, priced like it · Stoa

RESEARCHJPM26 days ago1.4Kviews

JPMorgan: best in class, priced like it

Nothing is wrong with the franchise. Paying two times tangible book for a bank at peak return on equity is a bet on the cycle not turning.

Gabriel Stern@gabriel_stern

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Gabriel Stern makes the case · 0:18

PositionNo position

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Certified independent

ViewsThese are the creator's own views

This is research, not financial advice. Calls lock at publish and are graded by the market; they can be and often are wrong. Do your own research and consider your own circumstances before acting.