JPMorgan Chase: Buy, Sell, or Hold?
For many investors, and not a few analysts, JPMorgan Chase (NYSE: JPM) is best-in-class among the large U.S. banks. Led by longtime Chief Executive Officer Jamie Dimon, the company is a powerhouse in numerous segments of banking, including but certainly not limited to commercial lending, investment banking, and credit card issuance.
In fact, its stock is the best performer year to date among the big four U.S. banks, which also includes Bank of America, Citigroup, and Wells Fargo. It also happens to be the only member of the quartet that is currently outpacing the S 500 index so far this year. Its encouraging fundamental performance puts JPMorgan Chase on top of those rankings, but there has been a hiccup or two lately. Are its shares worth adding to your portfolio regardless?
Much of JPMorgan Chase's prominence comes from pure size. It's on top of the banking heap in this country in terms of core fundamentals like revenue and total assets, and its stock is the clear No. 1 when measured by market cap. It's also got the largest footprint, with more than 5,100 branches throughout the country.
Source Fool.com
JPMorgan Chase & Co. Stock
The stock is an absolute favorite of our community with 33 Buy predictions and no Sell predictions.
With a target price of 202 € there is a slightly positive potential of 7.62% for JPMorgan Chase & Co. compared to the current price of 187.7 €.
