2024-05-08 16:31:01 ET
Summary
- JPMorgan Chase & Co.'s latest earnings report showed strong results, but it was a lack of guidance change that could indicate weaker results later in the year.
- JPMorgan's valuation doesn't make it a screaming deal, but the long-term investor can still look to dollar-cost average into a position.
- The recent dividend increase and growing dividend over the last decade can make it a great fit for a dividend growth investor.
Written by Nick Ackerman.
By most standard metrics, JPMorgan Chase & Co. ( JPM ) certainly isn't the cheapest bank to invest in, but investing in the best often means you aren't getting the cheapest. When investing in JPM, you are gaining exposure to one of the most important financial institutions in the world. Their last earnings report saw their shares slide initially, plus the overall market was pulling back, and that certainly didn't hurt....
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JPMorgan: Investing In The Best