Could
JPMorgan Chase (NYSE: JPM) be the next
Goldman Sachs (NYSE: GS)?
If the bank's
most recent earnings reportis any sign, the answer could
very well be "yes." While the company's traditional banking
operations -- that is, lending to businesses and consumers --
continue to suck wind, its investment banking and internal
trading segments are printing money.
The real opportunity for investors is if the bank can get
its banking operations -- along with the assumed operations
of Washington Mutual -- back on track
andkeep up the eye-popping performance from its
trading and investment banking operations. Of course, therein
lies the risk. If banking operations continue to blunder
along and the trading cowboys can't keep picking up the
slack, severe disappointment would follow.
For some perspective on how investors see JPMorgan Chase
we can turn to the collective opinion of the
Motley Fool CAPS community. The stock has 2,874
outperform calls versus 605 underperforms, giving it a
two-star rating (out of a possible five). Apparently, CAPS
members see better opportunities.
Despite JPMorgan Chase's low rating, quite a few CAPS
members have scored big by betting on the stock.
Kuzenheimeris the current JPMorgan Chase score leader,
racking up more than 170 points with two very timely calls on
the stock.
Kuzenheimer is one of CAPS' All-Stars -- players with a
rating of 80 or greater -- and has managed an impressive
stock-picking accuracy of 68% while racking up nearly 800
points. JPMorgan Chase isn't this player's only great call.
Here's a look at a few of the other prescient picks:
Company
Date Picked
Date Ended
Call
Points
CAPS Rating
(out of 5)
Yamana Gold (NYSE: AUY)
8/13/08
Still Open
Outperform
34
****
Joy Global
8/17/09
Still Open
Outperform
33
*****
Kimberly-Clark (NYSE: KMB)
7/30/08
10/31/08
Outperform
31
****
Data from CAPS.
So what is this investor looking at more recently?
Company
Date Picked
Call
CAPS Rating
(out of 5)
Sun Hydraulics (Nasdaq: SNHY) Continued... |