Published on 29 Sep 2022 on Zacks via Yahoo Finance
Is Trending Stock JPMorgan Chase & Co. (JPM) a Buy Now?
JPMorgan Chase & Co. (JPM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this company have returned -5.1%, compared to the Zacks S&P 500 composite's -8.2% change. During this period, the Zacks Banks - Major Regional industry, which JPMorgan Chase & Co. falls in, has lost 7.6%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.