LeeSJ
2022-07-08

$JPMorgan Chase(JPM)$Are banking stocks worth to take a look? $Goldman Sachs(GS)$ ,$Bank of America(BAC)$and JPM are with PE less than 10. GS P/B is even less than 1. JPM and BAC have gone back to the price prior to Covid. With the stress test conducted on those major banks, they should be safe despite with higher and higher risk of personal loan defaulting. Personally, I have owned a small position in JPM and GS. Not sure if i should also open a position for BAC... 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • HilaryWilde
    2022-07-08
    HilaryWilde
    you gave me a reference, thanks for sharing.
  • YTGIRL
    2022-07-08
    YTGIRL
    Don't be so panic, just wait and see
    • YTGIRLReplyLeeSJ
      Oh... Good to see that you are well prepared
    • LeeSJ
      I am not panic... After all, i only have very limited positions in two of them. Can add any times it market provides an attractive entry price.
  • JesseRW
    2022-07-08
    JesseRW
    Just open a position for BAC!
    • JesseRWReplyLeeSJ
      yeah, you are making the right choice now
    • LeeSJ
      Contemplating it lol
  • EvanHolt
    2022-07-08
    EvanHolt
    Great post, looking forward to your next post.
  • Hosay_hosay
    2022-07-08
    Hosay_hosay
    Buy buy [Cool][Cool][Cool]
  • Asphen
    2022-07-08
    Asphen
    XLF is abit weak now.... need to rally
Leave a comment