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JPMorgan Chase's Moat Revealed: What Investors Can Learn From the Banking Giant

TheMotleyFool 
1 0 15.01.24
JPMorgan Chase's Moat Revealed: What Investors Can Learn From the Banking Giant: https://g.foolcdn.com/editorial/images/761178/people-get-cash-at-a-bank-getty-2022.jpg
 

Big banks kicked off earnings season, with some giants reporting fourth-quarter earnings on Friday. JPMorgan Chase (NYSE: JPM) posted good results for the quarter and finished the year with a record profit of nearly $50 billion.

The bank's solid results are due to its discipline in managing risk and maintaining sound financial footing to navigate anything the economy throws at it. Here's why JPMorgan Chase remains one of the top banks investors can buy today.

JPMorgan's recent earnings report crushed expectations, beating analysts' revenue and earnings-per-share estimates and marking the sixth consecutive quarter the bank beat earnings estimates. The bank also posted stellar performance metrics that blew its banking peers out of the water, illustrating why it's the largest bank in the U.S.

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Source Fool.com

JPMorgan Chase & Co. Stock

€195.46
-0.040%
With only a change of -€0.080 (-0.040%) the JPMorgan Chase & Co. price is nearly unchanged from yesterday.
The stock is an absolute favorite of our community with 34 Buy predictions and no Sell predictions.
With a target price of 202 € there is a slightly positive potential of 3.35% for JPMorgan Chase & Co. compared to the current price of 195.46 €.
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As an investor, there is no better teacher you can have than JP Morgan. In one of the best fake diploma site review I have read, I found out this to be very true. There's no one above JP Morgan!
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keilyn 
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22.01.24
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