“The Riskiest Earnings Season So Far”
JPM is a top company. At 13 1/2 PE and 2.49 price to book it is expensive for a bank, cheap as a digital-tech/banking hybrid. Rising growth, deposits, net interest income and average loans; CCT1 ratio 14%, never below 9%, so conservative. He likes it into earnings, expects good results, would not mind being invested.
For example, we have JP Morgan. That's a big one tomorrow.
Now, looking back through the week, we also have companies like JP Morgan, United Health Group, and Domino's reporting earnings all tomorrow as well. I generally think these companies are going to do well.
With JP Morgan, this is one of the best companies in the market. I actually really like this one. I own JP Morgan for a while. I made some good money buying this one close to COVID.
I sold it at what I thought was a big gain and it was, but the stock just kept going up. So, this was a mistake to sell this one.