Like most other stocks, JPMorgan Chase (NYSE: JPM) shares struggled for the better part of last year. Unlike most other stocks, however, JPMorgan rallied rather firmly in the final quarter of 2022. Shares are up more than 30% from October's low, versus the S&P 500's (SNPINDEX: ^GSPC) more modest 7% gain for the same time frame.

For some investors, this sort of quick, sizable rally seems too much too fast. And to be fair, a 30% gain in less than three months is a relatively unusual move that can be tough to sustain. In this particular case, though, would-be buyers might want to go ahead and take the plunge. It's not too late to step into this powerhouse dividend stock.

You know the company. JPMorgan Chase is the nation's biggest bank, as measured by assets, with $3.3 trillion under its umbrella. It serves consumers and corporations alike with offerings ranging from checking accounts to credit cards to lending to investment banking. JPMorgan is a top-tier name in every area it operates.

Continue reading

Source Fool.com