JPMorgan Chase: Huge Pop Necessitates Reallocation

|
About: JPMorgan Chase & Co. (JPM)
by: Quad 7 Capital
This article is exclusive for subscribers.
Quad 7 Capital
Research analyst, Deep Value, special situations, short-term horizon
Summary

JPM is a long-term core holding of many on our team but our followers know we often trade around the core position.

JPM stock has offered great returns since our last strong buy call in October, where we were adamant that this was a "must have."

An incredible year for the company, but note that rates are impacting net interest income now.

After a huge pop, go buy yourself something nice here.

Many of our followers are aware that one of the names that we often trade on the swings is JPMorgan Chase (NYSE:JPM). While we consider this a terrific long-term investment, our investing philosophy