At $151, JPMorgan Stock Is a Bit Dear

After a 91% rally since the March 23 lows of last year, at the current price near $151 per share, we believe JPMorgan’s stock is trading above its near-term potential. JPMorgan, the largest bank in the U.S. in terms of total assets, has seen its stock increase from $79 to $151 off the March 2020...