Microsoft【Week 2 – My Portfolio Health Check, Bank stocks are underrated】
JPMorgan is one of the best-run banks on earth and their earnings just reflected that. They added 4.5billion in revenue YOY, and continue to increase revenue from different segments of the business, be it through M&A advisory fees or fixed income trading. Price to earnings ratio is also relatively cheaper than most of the time in history and yet people are overlooking the bank stocks. In my opinion, anything under 300 or close to 300 is a buy for me as JPMorgan has proved to be a solid choice through downturns like Covid and global financial crisis. @Bridge Buzz SG
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