11-23-2016, 09:35 AM
(This post was last modified: 11-23-2016, 09:36 AM by DividendGarden.)
(11-16-2016, 01:45 AM)Sniper Wrote: With Trump focused on the economy JPM stock is one that shouldn’t be ignored. Solely based on a valuation, the shares are trading at a P/E ratio of 12.76, which is cheaper than the S&P 500, which has a P/E ratio of 24.88.
You should probably compare JPM's P/E with it's peers, not the general market. It looks like WFC and C both have P/E's that are lower than JPM's, and those were the first two that I checked. Each industry generally has it's own factors to consider.