JPMorgan Chase Stock: Buy, Sell, or Hold?

JPMorgan Chase (NYSE: JPM) stock has delivered an outstanding year for investors, up about 30% amid resilient macroeconomic conditions driving a string of better-than-expected earnings. That trend continued with the bank's latest third-quarter update, as strong operating and financial performance indicators sent the shares to a 52-week high.Following such a big rally, investors may be wondering what comes next. Let's discuss whether JPMorgan Chase stock is a buy, sell, or hold.JPMorgan Chase benefits from its enormous size, counting on $4.2 trillion in assets and a high tier 1 capital ratio level. This "fortress balance sheet" has gained importance considering the banking industry turmoil in recent years, when a handful of smaller regional players faced a liquidity crisis and faltered. JPMorgan has managed to consolidate its market share by attracting deposits.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool