JPMorgan Chase & Co (NYSE: JPM). Extremely significant positive changes in investment behavior have recently occurred: the stock rose on very heavy volume, and positive upside/downside volume developed.
Notable positive changes in JPMorgan Chase & Co (NYSE: JPM) fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, JPM is expected to continue to be a major Value Builder.
JPMorgan Chase has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. JPMorgan Chase has a good Power Rating of 84 and a very high Appreciation Score of 86, and the Highest Value Trend Rating results.
Recent Price Action
On 12/15/23, JPMorgan Chase & Co (NYSE: JPM) stock rose modestly by 0.8%, closing at $165.23. Moreover, trading volume in this advance was exceptionally high at 209% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.4% during the last week.
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