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JPMorgan Chase & Co. (JPM): A Bull Case Theory

We came across a bullish thesis on JPMorgan Chase & Co. on r/valueinvesting by aexbets249. In this article, we will summarize the bulls’ thesis on JPM. JPMorgan Chase & Co.'s share was trading at $309.26 as of January 15th. JPM’s trailing and forward P/E were 15.45 and 14.51 respectively according to Yahoo Finance.

JPMorgan Chase & Co. (JPM) recently traded down to $310 following two headline events: a $2.2 billion reserve build tied to the Apple Card transfer and political speculation about a potential 10% credit-card APR cap. The market reaction, which saw JPM fall roughly...