Is It Really Safe to Invest in the Stock Market Now? Here's What Warren Buffett Says
The past several months have been confusing for many investors. While the stock market has been on its way up, many experts are still calling for a recession later this year.
The S 500 has surged by around 22% from its lowest point in October, while the is up by 32% since it bottomed out in December. This has led many to claim that we're in the early stages of a bull market, with prices only going up from here.
Meanwhile, recession concerns aren't going away. Analysts at JPMorgan Chase believe there's a greater than 50% chance we'll see a recession in 2023. And researchers at Deutsche Bank are feeling even more pessimistic, giving it a "near 100%" probability that a recession will hit in the next 12 months.
Source Fool.com
JPMorgan Chase & Co. Stock
The stock is an absolute favorite of our community with 29 Buy predictions and no Sell predictions.
With a target price of 202 € there is a slightly positive potential of 11.44% for JPMorgan Chase & Co. compared to the current price of 181.26 €.