U.S. Bancorp May Be a Buy, but Is It Right for You?
It may not be as big as JPMorgan Chase or Bank of America. In fact, U.S. Bancorp (NYSE: USB) is only about one-fifth the size of JPMorgan, as measured by assets under management. But don't let its relatively small size fool you. U.S. Bank's got plenty to offer its customers as well as its shareholders.
The question is, does it offer enough of the right stuff for you and your portfolio?
The first thing to know about U.S. Bancorp is that it's surprisingly different from most of the more familiar banking stocks. It's usually categorized as a regional bank, although that's more a reflection of its size than its geographical reach. All told, it's got just under $600 billion worth of assets under its umbrella, versus JPMorgan Chase's $3.3 trillion. Yet the company operates more than 2,000 bank branches in 26 different U.S. states. It just so happens to be heavily exposed to less metropolitan markets, with many of its branches found in neighborhoods rather than on busy city streets.
Source Fool.com
JPMorgan Chase & Co. Stock
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 2.89% for JPMorgan Chase & Co. compared to the current price of 196.32 €.
