JPMorgan Stock Gained 17% YTD, What's Next?
CCiti(C) Forbes·2024-06-26 19:00

The J.P. Morgan building in Central Hong Kong, in Hong Kong, China, on March 6, 2022. (Photo by ... [+] Marc Fernandes/NurPhoto via Getty Images) NurPhoto via Getty Images JPMorgan’s stock (NYSE: JPM) has gained approximately 17% YTD, as compared to the 14% rise in the S&P500 over the same period. Notably, JPMorgan’s peer Citigroup (NYSE: C) is up 20% YTD. Overall, at the current market price of 199,JPMstockistrading4199, JPM stock is trading 4% below its fair value of 208 – Trefis’ estimate for JPMorgan’s valuation. Amid the ...