JPMorgan Chase & Co (JPM): Today's Featured Financial Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 1.0%. By the end of trading, JPMorgan Chase rose $0.58 (1.1%) to $52.21 on light volume. Throughout the day, 14,547,075 shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 19,418,100 shares. The stock ranged in a price between $51.93-$52.66 after having opened the day at $52.00 as compared to the previous trading day's close of $51.63. Other companies within the Financial sector that increased today were:
(
), up 21.2%,
(
), up 12.4%,
(
), up 11.1% and
(
), up 8.7%.
JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $196.2 billion and is part of the banking industry. Shares are up 17.4% year to date as of the close of trading on Wednesday. Currently there are 19 analysts that rate JPMorgan Chase a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
JPMorgan Chase
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full JPMorgan Chase Ratings Report.
On the negative front,
(
), down 8.7%,
Intermountain Community Bancorp
(
IMCB
), down 8.6%,
(
), down 8.3% and
(
), down 7.8%.
- Use our financial section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider
(
) while those bearish on the financial sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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