Q: Dear Pat: I hold the following three U.S. bank stocks in my portfolio: Bank of America, J. P. Morgan Chase, and Citigroup. I would like a quick assessment on whether I should keep all three or sell all. Also, should I consolidate to one of the three? If so, which one?

A: The decision about whether to hold/buy/sell is a personal one, depending on your individual circumstances and what else you hold in your portfolio. However, in general, if you need/want to sell something from your portfolio, you are probably better off selling our “holds” than… Read More

These are our top picks for 2019

For 2019’s Stocks of the Year, we’ve once again selected one company from each of our portfolios—Conservative, Aggressive and Income. All three stocks have attractive growth prospects for 2019 and, quite frankly, for several years beyond that.
UNITED TECHNOLOGIES CORP. $117 (New York symbol UTX; Conservative Growth… Read More

Updating JPMorgan Chase & Co.

J.P. MORGAN CHASE & CO. $111 (New York symbol JPM; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 3.4 billion; Market cap: $377.4 billion; Dividend yield: 2.9%; Dividend Sustainability Rating: Above Average; www.jpmorganchase.com) is the largest banking firm in the U.S., with total assets of $2.6 trillion as of… Read More

Strong U.S. economy will spur them higher

These three U.S. lenders continue to benefit as the improving American economy lifts demand for new loans at higher interest rates. As well, more borrowers are repaying their loans on time. What’s more, all three continue to trade at low multiples to their projected earnings.
J.P…. Read More