Poor JPMorgan (JPM). All it’s trying to do is make a little–make that a lot of–money, and it gets hit with lawsuit after lawsuit. The weight of those cases hang over the banking giant like a pool table in an oak tree–its shares have dropped 9% in August, more than three times Bank of America’s (BAC) 2.7% drop.
APTo add insult to injury, JPMorgan has gained just 15% in 2013, less than half Morgan Stanley’s (MS) 35% rise, and lagging Citigroup’s (C) 23% advance and Goldman Sachs’ (GS) 21% gain.
Now, however, Baird’s David George and team say it’s time to buy JPMorgan’s shares. They write:
Though recent JPM headlines have documented board structure and litigation issues, investors should stay focused on the core fundamentals, which we believe remain quite good. Despite the elevated litigation costs, the ROTCE has consistently trended in the mid-teens (vs. ~10% large/mid-cap bank peer median)…
Top 10 High Tech Stocks To Invest In Right Now: Old Second Bancorp Inc.(OSBC)
Old Second Bancorp, Inc. operates as a bank holding company for Old Second National Bank that provides commercial and retail banking services. It offers various consumer and commercial products and services, including demand, NOW, money market, savings, time deposit, individual retirement, and Keogh deposit accounts. The company also provides business loans comprising lines of credit for working capital and operational purposes; term loans for the acquisition of equipment; commercial and residential real estate loans; construction loans; and consumer loans, such as motor vehicle, home improvement, home equity, signature loans, and small personal credit lines. In addition, the company offers installment lending services comprising direct and indirect loans to consumers and commercial customers; and residential mortgages, which include conventional, government, and jumbo loans, as well as provides a range of trust, investment, agency, and custodial services for individual, c orporate, and not-for-profit clients. Further, it offers wealth management services; and additional services, such as the acquisition of the United States treasury notes and bonds, the sale of traveler?s checks, money orders, cashier?s checks and foreign currency, direct deposit, discount brokerage, debit and credit cards, and other special services. Additionally, the company provides electronic banking services that comprise Internet banking; and corporate cash management products consisting of remote deposit capture, investment sweep accounts, zero balance accounts, automated tax payments, ATM access, telephone banking, lockbox, automated clearing house transactions, account reconciliation, controlled disbursement, detail and general information reporting, wire transfers, vault services for currency and coin, and checking accounts. As of December 31, 2010, it operated 27 branches and 1 satellite facility in Illinois. The company was founded in 1982 and is headquartered i n Aurora, Illinois.
Top 10 High Tech Stocks To Invest In Right Now: Newmont Mining Corporation(Holding Company)
Newmont Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, and production of gold and copper properties. The company?s assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand, and Mexico. As of December 31, 2009, it had proven and probable gold reserves of approximately 93.5 million equity ounces and an aggregate land position of approximately 27,500 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.
Top 10 Gold Stocks To Own For 2014: Exceed Company Ltd.(EDS)
Exceed Company Ltd. engages in the design, development, and wholesale of footwear, apparel, and accessories in the People?s Republic of China. The company offers its products under the Xidelong brand name for sports and leisure applications to customers aging between 15 to 35 years. Its products include running, leisure, basketball, skateboarding, canvas, tennis, and outdoor footwear; apparel primarily consisting of sports tops, pants, jackets, track suits, and coats; accessories, such as bags, socks, hats, and caps. The company distributes its products primarily through Xidelong retail stores that are operated by independent third-party distributors and retailers over which the company has limited control. Exceed Company Ltd. is based in Central, Hong Kong.
Top 10 High Tech Stocks To Invest In Right Now: Metabolix Inc.(MBLX)
Metabolix, Inc., a bioscience company, develops and commercializes technologies for the production of polymers and chemicals in plants and in microbes. It offers a proprietary microbial fermentation system to produce a family of polymers known as polyhydroxyalkanoates under the Mirel brand. Mirel holds biodegradability characteristics; and would be used in a range of commercial applications, including products used in agriculture and horticulture, compost and organic waste diversion bags, marine and aquatic applications, consumer products, business equipment and durable goods, and general packaging materials. The company also develops a proprietary platform technology for co-producing plastics, chemicals, and energy from crops, such as switchgrass, oilseeds, and sugarcane. It has a strategic alliance with ADM Polymer Corporation. The company was founded in 1992 and is based in Cambridge, Massachusetts.
Top 10 High Tech Stocks To Invest In Right Now: MedCath Corporation(MDTH)
MedCath Corporation, together with its subsidiaries, engages in the ownership and operation of hospitals in partnership with physicians in the United States. The company focuses primarily on providing acuity services, including the diagnosis and treatment of cardiovascular disease. As of November 11, 2011, MedCath Corporation owned and operated 2 hospitals with a total of approximately 159 licensed beds, located in California and Texas. The company was founded in 1996 and is headquartered in Charlotte, North Carolina.
Top 10 High Tech Stocks To Invest In Right Now: Hsbc Hdg(HSBA.L)
HSBC Holdings plc provides various banking and financial products and services. The company?s Retail Banking and Wealth Management business offers a range of personal banking products, including current and savings accounts, mortgages and personal loans, credit cards, debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, and asset management and financial planning services. Its Commercial Banking business provides overdrafts, term and syndicated loans, acquisition and project finance, and asset finance; receivables finance; payments and cash management services, such as payments and collections, liquidity management, and account services; commercial cards; international trade finance; treasury and capital market products; commercial cards; insurance; and cash and derivatives in foreign exchange and rates, as well as online and direct banking services. The company?s Global Banking and Market s business offers treasury and capital markets services consisting of foreign exchange; currency, interest rate, bond, credit, equity, and other derivatives; government and non-government fixed income and money market instruments; precious metals and exchange-traded futures; equity services; capital markets instruments; securities services, which include custody and clearing services, and funds administration; and financing, advisory, and transaction services. Its Global Private Banking provides a range of private banking, investment management, trust solution, and corporate finance solutions to high net worth individuals and families. The company operates through a network of approximately 7,200 offices in 85 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East, and Africa. HSBC Holdings plc was founded in 1865 and is headquartered in London, the United Kingdom.
Top 10 High Tech Stocks To Invest In Right Now: Intersections Inc.(INTX)
Intersections Inc. provides subscription based consumer protection services and other consumer products and services primarily in the United States. The company operates in three segments: Consumer Products and Services, Online Brand Protection, and Bail Bonds Industry Solutions. The Consumer Products and Services segment offers credit reports; daily, monthly, and quarterly monitoring of subscriber?s credit files; reports and monitoring services based on additional information sources; and credit scores and credit score analysis tools, credit education, identity theft recovery services, identity theft cost reimbursement, and software and other technology tools to protect against identity theft. Its products and services also include consumer discounts on healthcare, home, and auto related expenses; access to professional financial and legal information; and life, accidental death, and disability insurance, as well as distributes online privacy protection software. This seg ment markets its products and services to credit card, direct deposit, or mortgage issuing financial institutions. The Online Brand Protection segment provides online brand protection services, including online channel monitoring, auction monitoring, and other services to corporate brand owners or law firms, as well as offers forum, blog, and newsgroup monitoring. The Bail Bonds Industry Solutions segment offers automated service solutions for the bail bonds industry, which include accounting, reporting, and decision making tools that allow bail bondsmen, general agents, and sureties to run their offices, to exercise operational and financial control over their businesses, and to make underwriting decisions. The company was founded in 1996 and is headquartered in Chantilly, Virginia.
Top 10 High Tech Stocks To Invest In Right Now: CBOE Holdings Inc.(CBOE)
CBOE Holdings, Inc., through its subsidiaries, operates markets for the execution of transactions in exchange-traded options. The company offers marketplaces for trading of options on individual equities, various market indexes, exchange-traded notes, and exchange-traded funds, as well as futures contracts and cash equities. It has strategic relationships with Standard & Poor's Corporation; Dow Jones & Co.; NASDAQ; and Frank Russell Co. The company was founded in 1973 and is based in Chicago, Illinois.
Advisors' Opinion:- [By CNNMoney Staff]
Stocks continued to rally despite the fact that options trading was temporarily halted Monday afternoon at exchanges run by CBOE Holdings (CBOE), Nasdaq OMX (NDAQ), BATS Global Markets and Miami International Holdings due to issues at the Options Price Reporting Authority (OPRA), which provides trading data and price quotes.
Top 10 High Tech Stocks To Invest In Right Now: Pfizer Ltd (PFIZ.NS)
Pfizer Limited operates in three segments: Pharmaceuticals, Animal Health and Services. The Pharmaceuticals business consists of manufacturing of drugs and formulations, trading of formulations, and also includes rendering of marketing services. The Animal Health business has a presence primarily in the animal health and poultry market segments and also includes rendering of marketing services. Services segment convicts of clinical development operations primarily include conducting clinical trials, product development and undertaking data management for drug development. During the fiscal year ended March 31, 2012, the Company had launched 26 branded value offerings (BVOs) mainly in the anti-infective, analgesic, central nervous system (CNS), cardiovascular system (CVS) and diabetes segment. The Company incorporated Pfizer Animal Pharma Private Limited (PAPPL), wholly owned subsidiary on February 10, 2012. On April 2, 2012, the Company transferred its Animal Health Busine ss to PAPPL.
Top 10 High Tech Stocks To Invest In Right Now: Coopers Park Corporation(XCP.V)
Coopers Park Corporation engages in the acquisition, development, and marketing of three residential condominium properties in Vancouver, British Columbia. The company is based in Vancouver, Canada.
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