Should You Buy JPMorgan Chase's Stock at an All-Time High?
JPMorgan Chase (NYSE: JPM) is the amalgam of two iconic names in the finance industry. The company is well respected and has been executing well. But is that enough of a reason to buy the stock?Considering that, at the moment, the market is pricing in what seems to be a perfect performance in the future, most investors will want to think twice before jumping in. Here's a look at the problem with JPMorgan Chase's stock today.JPMorgan Chase is a finance company. That's the best way to describe it because its business touches on several important segments of the industry. For example, it owns a large bank that services consumers and businesses. It also operates an investment bank, which helps companies raise capital. And it operates a wealth management business, which handles the details of personal investing for wealthy clients. That basically touches on all of the big business lines in the finance industry with the exception of insurance.Continue reading
JPMorgan Chase (NYSE: JPM) is the amalgam of two iconic names in the finance industry. The company is well respected and has been executing well. But is that enough of a reason to buy the stock?
Considering that, at the moment, the market is pricing in what seems to be a perfect performance in the future, most investors will want to think twice before jumping in. Here's a look at the problem with JPMorgan Chase's stock today.
JPMorgan Chase is a finance company. That's the best way to describe it because its business touches on several important segments of the industry. For example, it owns a large bank that services consumers and businesses. It also operates an investment bank, which helps companies raise capital. And it operates a wealth management business, which handles the details of personal investing for wealthy clients. That basically touches on all of the big business lines in the finance industry with the exception of insurance.
