14 forward PE, 46 trailling. Stock is trading in a huge gamble 2010 will be a blockbuster year. The analysts estimates are probably filled with V shaped recovery hopes. Am I the only one who thinks JPM is totally overvalued? I guess I cant demand too much rationality from this stock, its the same stock who made ALL TIME HIGHS a couple weeks after Lehman bankruptcy
JPM's economists are still amongst the dreamers who claim we will see a V recovery... No New Normal JPMorgan Sees V-Shaped Recovery in U.S http://www.bloomberg.com/apps/news?pid=newsarchive&sid=avR3wifbUr1w