Market Overview

JP Morgan Makes A Case To Buy The Dip

Share:
Related JPM
Despite Many Factors Stacking Up Against JPMorgan, Rafferty Capital Wants You To Own The Stock
Uber's Terrible, Horrible, No Good, Very Bad 2017
Scenarios For The Healthcare Bill - Cramer's Mad Money (3/23/17) (Seeking Alpha)
Related SPY
The Market In 5 Minutes
Dan Deming's SPDR S&P 500 ETF Trust Trade
The Relentless Market And Missed Calls (Seeking Alpha)

In a Wednesday research note JP Morgan laid out the data making a case for buying the recent pullback. According to data from the report, in the past 35 years, the S&P 500 fell intra-year 14.2 percent on average while annual returns were positive for 27 of those 35 years.

The penalty for avoiding the market between January 3 1995 and December 31, 2014 would have been costly as 6 of the 10 days best days in that period occured within two week of the 10 worst days.  $10,000 fully-invested during this time period would have grew to $65,453.  If an investor missed the 10 best days during that period the $10,000 would have grown to $32,665.  

Timing really is everything.

Latest Ratings for JPM

DateFirmActionFromTo
Jan 2017Keefe Bruyette & WoodsDowngradesOutperformMarket Perform
Jan 2017UBSInitiates Coverage OnBuy
Nov 2016Deutsche BankMaintainsBuy

View More Analyst Ratings for JPM
View the Latest Analyst Ratings

Posted-In: Analyst Color Analyst Ratings

 

Related Articles (SPY + JPM)

View Comments and Join the Discussion!