Ewpple Income For Life | www.ewpple.com
How well is JP Morgan doing?
Fact & News
- The earliest foundation of JPMorgan Chase was the Manhattan Company which was founded in 1799.
- JPMorgan is forming a bitcoin fund for high net-worth individuals.
- JPMorgan's development arm is looking to back more supply chain deals to help fight COVID-19 in developing countries.
- JPMorgan wealth management is launching a major ad campaign to win over younger investors.
- JPM is a constituent stock of the S&P 500 index.
Conclusion
We prefer JPM because …
- Its current PE, PB valuation is still cheap & the chart is in an uptrend.
- 1st quarter results from JPM beat estimates for revenue and earnings.
- Fed's accommodative policy of near-zero rates and gradual economic recovery will lead to rising loan demand.
- JPM capital deployments actions reflect earnings strength & solid balance sheet and are likely to enhance shareholder value.
Do you think big finance like JPM is still valuable in the fintech & crypto world?
Please feel free to comment.
Want to see more stock analysis?
Just comment "EW ...".
Eg, Microsoft Corp - "EW MSFT".
You can still make money from the stock market without knowing when or what stock to buy. Want to know how?
Please comment to contact me.
Invest for lifetime wealth & passive monthly income now.
The above personal opinion does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The past performance of the above securities is not indicative of the future performance of the securities. Please refer to the disclaimer statement.
No comments:
Post a Comment