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Enter Symbol:
 
JP Morgan Chase & Co (JPM) [hlAlert]

Rating:
Buy JPM
up 57.26 %

Jim Cramer's Top Dow Picks for 2011: JPMorgan Chase(JPM)

Posted on: Saturday,  Dec 25, 2010  7:42 AM ET by Jim Cramer's top 10 Dow stocks for 2011

Jim Cramer's top 10 Dow stocks for 2011 rated Buy JP Morgan Chase & Co (NYSE: JPM) on 12/21/2010, when the stock price
was $41.00. Since then, JP Morgan Chase & Co has gained 57.27% as of 01/15/2016's recent price of $64.48.
If you would have followed this Jim Cramer's top 10 Dow stocks for 2011's recommendation on JPM, you would have gained 57.26% of your investment in 1851 days.

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Jim Cramer expects the Dow to hit 13,365 next year-- a 16% gain from current levels and a bountiful return -- based on a prognostication of the performance of the individual members of the venerable index. Although I am a bottoms up guy, as a backdrop I am presuming a resumption of decent U.S. growth courtesy of the Federal Reserve -- call it 3% to 4% -- continued worldwide growth, a stable-to-slight decline in the dollar and a decent increase in interest rates (30-year Treasury bond going to 4.8%) as befitting a return to economic health.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/21/2010 4:00 PM Buy
1 year
41.00
as of 12/31/2010
1 Week up  7.62 %
1 Month up  10.46 %
3 Months   
1 YTD up  10.46 %

(*) Stock Price at the time of the recommendation.
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