NYSE:JPMBanks
Has JPMorgan Run Too Far After Its 2024 Surge and Strong Excess Returns Outlook?
If you are wondering whether JPMorgan Chase is still worth buying after such a strong run, you are not alone. This is exactly the question we will unpack here.
The stock has climbed 1.0% over the last week, 8.4% in the past month, and is now up 34.6% year to date, building on hefty gains of 38.4% over 1 year, 165.0% over 3 years, and 193.5% over 5 years.
Behind those moves, investors have been reacting to a mix of macro headlines, from shifting interest rate expectations to ongoing...