If You Invested $2,300 in JPMorgan Chase in 2010, This Is How Much You Would Have Today

JPMorgan Chase (NYSE: JPM), the largest bank by assets in the U.S., recently found itself at the center of headlines when it acquired most of the assets from First Republic, which was seized by regulators earlier this month.

For those who follow banking, it is no surprise to see the bank and its CEO Jamie Dimon come to the rescue yet again, as Dimon and the institution itself are seen as industry leaders.

JPMorgan has not only been the top dog in banking for many years now but it's also been a great stock to own that has served shareholders well over the long term. What's amazing is how far the bank has come even since the Great Recession. Let's say in the year 2010 that your great Uncle John Paul passed away and left you $2,300. If you took this sum and invested it in JPMorgan stock that year, here's how much you would have today.

Continue reading


Source Fool.com