Portfolio Killers: 8 Zombie Stocks to Avoid

Zombie Stock #5: JPMorgan Chase (JPM)

This may be the first place you read about JPMorgan Chase being a zombie.

It speaks, and occasionally thinks, but it holds toxic mortgages, specifically something called option adjustable-rate mortgages
(ARMs), it acquired when it bought Washington Mutual.

The company’s ability to grow will be constrained for three to five years minimum.

True shareholder value: considerably less than its current price

NEXT: Zombie Stock #6 – Wells Fargo