Meet the Two Super Safe Stock Market Sectors That Just Hit 52-Week Highs
Stock market indices like the S 500 and Nasdaq Composite are excellent benchmarks for tracking how the broader market is doing. But so are stock market sectors.
Each component of the S 500 is assigned to one of 11 sectors. For example, Apple is in the technology sector, ExxonMobil is in energy, JPMorgan Chase is in financials, etc. Tracking how a sector is doing relative to the market is a good way to gauge investor sentiment.
The utilities sector and the consumer staples sector both hit 52-week highs on Friday. That may come as a surprise given the growth-fueled narrative of today's market.
Source Fool.com
JPMorgan Chase & Co. Stock
€197.80
1.530%
With 35 Buy predictions and not a single Sell prediction JPMorgan Chase & Co. is an absolute favorite of our community.
As a result the target price of 202 € shows a slightly positive potential of 2.12% compared to the current price of 197.8 € for JPMorgan Chase & Co..
