19.01.2025 10:33:00

Could Buying JPMorgan Chase Stock Today Set You Up for Life?

Few investors would argue that JPMorgan Chase (NYSE: JPM) isn't a solid company. After all, there's a reason it's the U.S.'s biggest bank, boasting nearly $3.6 trillion worth of assets. Credit the depth and breadth of its offerings, which range from consumer banking to wealth management to corporate fundraising, and more. It's got a lot of ways to generate profit-producing revenue. Look for continued dominance of its industry going forward too, driving the stock higher as a result.But is JPMorgan the kind of pick that could set you up for life with near-guaranteed above-average gains? Keep reading.You probably know the company better than you think. It's been around in a form we'd recognize today since the late 1800s, mostly focused on institutional banking for the better part of its existence. It wasn't until 2000 -- when it merged with Chase Bank -- that it wholly embraced the consumer as well as the corporate aspects of the banking business. Today, the $700 billion company employs over 300,000 people who collectively serve over 90 million different customers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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