Q: Bank Of America, JP Morgan moving forward
thanks
t
thanks
t
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hi Peter,
What are your thoughts on the JP Morgan Tarp Warrants, JPM.WS currently at $17.43/share. The exercise price is $42 until October 2018. Currently JPM is at 56.00, say 57, therefore my break even is 17.43+42 = $59.43/share until October 2018. One could with some degree of confidence say that JPM should be higher than 60.00/share by October 2018 even assuming their current 6.00 EPS for the next 5 years.
What are your thoughts on the JP Morgan Tarp Warrants, JPM.WS currently at $17.43/share. The exercise price is $42 until October 2018. Currently JPM is at 56.00, say 57, therefore my break even is 17.43+42 = $59.43/share until October 2018. One could with some degree of confidence say that JPM should be higher than 60.00/share by October 2018 even assuming their current 6.00 EPS for the next 5 years.
Q: I read the article in today's Globe re US banks " 3 for 1 sale " what US banks do you like for a long term hold or are US banks better for short term growth take your target gain and run.
Thanks 5i Team.
Den.
Thanks 5i Team.
Den.
Q: Peter,
Any recommendations on a U.S. bank or financial? I currently have no financial names in my RRSP and a shortage of U.S. exposure.
Petra
Any recommendations on a U.S. bank or financial? I currently have no financial names in my RRSP and a shortage of U.S. exposure.
Petra