-JPM stock hit hard in the COVID-19 bear market but lately starting to recover nicely

-Not too late to invest in arguably the best run, most profitable big bank in the U.S.

-More typical EPS growth should return next year; stock could have 25% upside

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I’ve noted in previous pieces that among investors the financials still rank low in the rally since March 23. Since then, the financials are up 30%, good for number nine among the eleven Standard & Poor’s 500 index sectors. 
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I’d like to give you our view on the preeminent big bank in the U.S., and the reasons it could be a good long-term investment in pretty much any portfolio. It’s probably no surprise: JPMorgan Chase (JPM).  And right now, the shares look cheap, even after a 10% leap this week.

JPM is widely acknowledged as a great bank. That said, the stock’s demise is simply too overdone in my opinion to ignore.  Despite JPM’s well-known name, I suspect some investors overlook its attractions, given the way financials have done.

Yes, it’s a beast of a bank, with a market cap over $300 billion. Despite that, it is agile for its size,  well run, methodical in its approach and has enough different earnings levers that once the world economy begins to re...

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