Is JPMorgan Chase Stock a Buy Now?
Shares of JPMorgan Chase (NYSE: JPM) are up a fantastic 55% over the past year, strongly outperforming the S 500 index's 26% gain. The banking giant has successfully leveraged a resilient economic backdrop into a record year for profitability.
This momentum was evident in its latest fourth-quarter earnings report (for the period ended Dec. 31), which exceeded Wall Street expectations. The bank posted Q4 earnings per share (EPS) of $4.81, up 58% from last year.
With the stock trading near a record high, investors may be wondering if the rally has further room to run or if the opportunity has already passed. Let's discuss whether JPMorgan Chase stock is a buy now.
Source Fool.com
JPMorgan Chase & Co. Aktie
269,25 €
0,34 %
JPMorgan Chase & Co. ist ein klarer Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Ein leicht positives Kursziel von 282 € für JPMorgan Chase & Co. gegenüber dem aktuellen Kurs von 269.25 € wird gesehen.
