JP MORGAN CHASE(JPM)

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Are You Looking for a Top Momentum Pick? Why JPMorgan Chase & Co. (JPM) is a Great Choice
Zacks Investment Research· 2024-03-19 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
Is JPMorgan Chase & Co. (JPM) a Buy as Wall Street Analysts Look Optimistic?
Zacks Investment Research· 2024-03-19 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about JPMorgan Chase & Co. (JPM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.JPMorgan Chase & Co. currently has an average broker ...
JPMorgan Chase & Co. (JPM) Hit a 52 Week High, Can the Run Continue?
Zacks Investment Research· 2024-03-19 14:16
Have you been paying attention to shares of JPMorgan Chase & Co. (JPM) ? Shares have been on the move with the stock up 7.6% over the past month. The stock hit a new 52-week high of $192.7 in the previous session. JPMorgan Chase & Co. has gained 13.3% since the start of the year compared to the 5.5% move for the Zacks Finance sector and the 9.7% return for the Zacks Banks - Major Regional industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn ...
JPMorgan Chase & Co. (JPM) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-03-18 22:51
In the latest trading session, JPMorgan Chase & Co. (JPM) closed at $192.66, marking a +1.24% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.63% for the day. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.82%.Shares of the company witnessed a gain of 6.3% over the previous month, beating the performance of the Finance sector with its gain of 2.48% and the S&P 500's gain of 1.76%.The investment community will be closely monitoring the perfor ...
Easy Money: 3 Stocks That Seem Borderline Unfair to Invest In.
InvestorPlace· 2024-03-18 19:53
We are often led to believe that outperforming the stock market is a superhuman trait that only those on Wall Street possess. However, such a narrative is simply untrue. In fact, there are numerous investment opportunities available that could see you outperform the market by yourself. As such, I decided to dial in on a few of them to provide my readers with a helping hand.Methodologically, I picked out three stocks that I’m familiar with. In addition, I revised their fundamentals and ensured their key quan ...
Why Jamie Dimon Believes the Hype Surrounding Artificial Intelligence (AI) Is Not the Same as the Dot-Com Bubble
The Motley Fool· 2024-03-16 08:55
Artificial intelligence (AI) has been a hot investing theme for over a year now, since ChatGPT first arrived on the scene in November 2022. Since then, many companies in and outside of tech have been working on developing their AI capabilities to take advantage of next-gen technologies. And valuations have also risen with any stocks able to cash in from that.Nvidia (NVDA -0.12%) is an easy example of that, with its market cap hitting more than $2 trillion this year. The company has been achieving strong top ...
JPMorgan (JPM) to Pay $348M Fine for Trade Monitoring Failure
Zacks Investment Research· 2024-03-15 15:20
JPMorgan (JPM) will have to pay a fine of $348.2 million for failing to properly monitor the trading activities of its clients and employees. The fine has been imposed by the Federal Reserve and the Office of the Comptroller of the Currency (“OCC”).Per the regulators, the misconduct occurred between 2014 and 2023.The regulators said that JPM “engaged in unsafe or unsound practices” and “failed to establish adequate governance over trading venues on which it is active.”The OCC stated that JPMorgan “failed to ...
Chase Freedom® Encourages Cardmembers To Celebrate With Family, Given and Chosen, With Q2 2024 Quarterly Categories: Hotels, Restaurants and Amazon.com
Businesswire· 2024-03-15 12:00
WILMINGTON, Del.--(BUSINESS WIRE)--Today, Chase Freedom® announced its rotating quarterly categories for Q2, where Freedom and Freedom Flex cardmembers can take advantage of exciting new cash back rewards. This quarter is particularly rich for Freedom Flex cardmembers who can stack quarterly cash back with always-on cash back to earn 9% total cash back on hotel stays booked through Chase Travel and 7% total cash back on restaurants1, plus 5% cash back on Amazon.com purchases. Chase Freedom cardmembers can e ...
JPMorgan fined nearly $350M for 10 years of inadequate trade monitoring
New York Post· 2024-03-14 18:40
JPMorgan Chase has been fined $348.2 million by a pair of US bank regulators over its inadequate program to monitor firm and client trading activities for market misconduct, the Federal Reserve announced Thursday.The Fed fined the bank alongside the Office of the Comptroller of the Currency (OCC), and said the misconduct occurred between 2014 and 2023. In a separate announcement, the OCC said JPMorgan failed to properly monitor billions of trades across at least 30 global trading venues.The Fed fined the ba ...
J.P. Morgan Wealth Management and Entrepreneur Daniella Pierson Will Host Event to Help Women Build Financial Freedom
Businesswire· 2024-03-13 13:44
NEW YORK--(BUSINESS WIRE)--J.P. Morgan Wealth Management and Daniella Pierson, founder and CEO of The Newsette Media Group, are teaming up to help empower people to build their financial freedom. Together, they are hosting the “Be Your Own Breadwinner Summit” at J.P. Morgan’s headquarters in New York City. The event, co-hosted by Daniella and Kristin Lemkau, CEO of J.P. Morgan Wealth Management, will feature powerful programming meant to inspire and give attendees the tools they need to help build their fi ...