Strange New Catalyst for Gold ($5,000 Possible?)
Many are wondering why so many countries are frantically buying gold right now. The truth is this is just the beginning of a much larger story. One that could send gold soaring to even bigger highs in the coming months. But the best way to cash in on gold's upside might surprise you. One firm says this $6 stock could be the best way to get started.
About JPMorgan Chase & Co
JPMorgan Chase & Co. operates as a financial services company worldwide. It operates in four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, auto loan, and leasing services. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; wholesale payments and cross-border financing; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, investment banking, and asset management to small business, large and midsized corporations, local governments, and nonprofit clients; and commercial real estate banking services to investors, developers, and owners of multifamily, as well as to office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions across equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, trusts and estates, loans, mortgages, deposits, and investment management products. The company also provides ATM, online and mobile, and telephone banking services. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.
General
Name | JPMorgan Chase & Co |
Ticker | JPM |
Exchange | NYSE |
Sector | Financial Services |
Industry | Banks-Diversified |
Currency | USD |
Country | USA |
Fiscal Year End | December |
Full Time Employees | 255,351 |
Highlights
Analyst Target | 151.80 |
Market Cap | 491,613,519,872 |
PE Ratio | 12.25 |
PEG Ratio | 3.03 |
Share Stats
Shares Outstanding | 3,051,510,016 |
Shares Float | 3,025,355,026 |
Shares Short | 23,256,676 |
Insider Holdings | 85% |
Institution Holdings | 71.93% |
Highlights
Analyst Target | 151.80 |
Market Cap | 491,613,519,872 |
PE Ratio | 12.25 |
PEG Ratio | 3.03 |
Valuation
Trailing PE | 18.14 |
Forward PE | 14.84 |
Price/Sales (Trailing 12 Mt.) | 4.01 |
Price/Book (Most Recent Quarter) | 1.90 |
Dividend
JPMorgan Chase & Co pays out a dividend of $3.60 per share, with a dividend yield of 1.94%.
JPM's last dividend payment was made to shareholders on January 31, 2021.
They pay out 35.54% of their earnings out as a dividend.
Recent Dividends
Jul 31, 2024 | $1.15 |
Apr 30, 2024 | $1.15 |
Jan 31, 2024 | $1.05 |
Oct 31, 2023 | $1.05 |
Jul 31, 2023 | $1 |
Apr 30, 2023 | $1 |
Jan 31, 2023 | $1 |
Oct 31, 2022 | $1 |
Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks
The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight weeks.
Fox's Bret Baier acknowledges 'mistake' in Harris interview over airing of Trump clip
Fox News anchor Bret Baier says he “made a mistake” during his interview with Kamala Harris in not airing video of a Donald Trump comment, something Harris pointed out to him in real time.
Bigger Returns With Less Capital? The Multiplier Strategy Explained - Ad
Instead of paying thousands for an ounce of gold, why not multiply your returns by investing in the companies that mine it? As gold prices climb, their profit margins can skyrocket - and so can their stock price. The gold multiplier effect means bigger profits with lower investment. This young company, with prime land in one of America's richest gold districts, is ready to take full advantage of rising gold prices.
Trump Unleashes Scathing Attack On Former Friend Mark Cuban After Billionaire Criticizes Ex-President's Tariff Plans: 'Weak And Pathetic Bully'
Former President Donald Trump launched a scathing attack on fellow billionaire Mark Cuban on Saturday, accusing him of being a "loser" and a "weak and pathetic bully."
Elon Musk's Pro-Trump Super PAC To Give $1M Every Day To People In Swing States For Signing His Petition
Billionaire Elon Musk on Saturday reportedly gave away $1 million to a man named John Dreher who attended his event in Pennsylvania aimed at rallying support for former President Donald Trump.
Meet The Companies That Could Be Behind Apple's "AiPhone" - Ad
"According to my research, these three tiny companies may be working behind the scenes to produce Apple's first ever AI-powered iPhone..." -- Luke Lango, Silicon Valley Insider
Alabama man arrested in SEC social media account hack that led the price of bitcoin to spike
WASHINGTON (AP) — An Alabama man was arrested Thursday for his alleged role in the of a U.S. Securities and Exchange Commission social media account that led the price of bitcoin to spike, the Justice Department said.
Jay-Z, Praised by Warren Buffett as 'The Guy to Learn From,' Once Said He Wasn't Taught Emotional Intelligence, But How To Survive -- The Rap Legend's Growth Has Made Him Not Just A Better Person, But Also Worth $2.5B Today
Jay-Z's journey from his Brooklyn roots to becoming hip-hop's first billionaire highlights how embracing emotional intelligence has significantly contributed to his personal growth and professional success.
America Can't Afford a Harris Presidency - Ad
New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.
Fox News says none of its employees wrote jokes for Trump to tell at traditional campaign dinner
NEW YORK (AP) — Fox News Channel on Friday denied Donald Trump's assertion that any of its employees wrote jokes for him to deliver this week at a New York appearance.
Trump Slamming Harris With Increasingly Sharp And Personal Attacks
Former President Donald Trump has reportedly launched a series of personal attacks against Vice President Kamala Harris.
Wall Street Slashes NVDA Holdings - Ad
The most successful hedge fund in history quietly sold 500,000 shares. Here's what that means for your money. Billionaire Wall Street investors are quietly offloading millions of shares. What do they know that you don't? It's arguably the most popular stock in the world. Now, one 50-year Wall Street legend says its day in the sun could finally be coming to an end. Last year, he warned of two stocks that went on to crash 60%.
Bill Gates Had A 'Very Bad Habit' That Could Have Derailed His Career
While at Harvard, Bill Gates had a bad habit he liked to show off. The habit was later fixed as it wasn't something in the business world appreciated.
Nuclear Energy Stocks Are Hot: Here's A List Of Tickers To Watch
Nuclear energy-related stocks have taken off following major announcements from Google and Amazon as the tech industry turns to nuclear energy to power AI data centers.
New Token Poised for Breakout as "Defi 2.0" Takes Off - Ad
Revealed: The #1 DeFi Coin Driving Financial Revolution. Experts hail this as the cornerstone of the new decentralized finance era. While Bitcoin dominates headlines, this governance token is quietly reshaping lending markets. Experts suggest accumulating before institutional money flows in.
Allstate Records $630M In Losses From Hurricane Helene, Other Insurers Report Significant Losses As Damage Mounts
Allstate reports $630 million in catastrophe losses related to Hurricane Helene alone. The company reports total estimated catastrophe losses of $889 million for September, more than twice the amount reported for the same month last year.
Turkey and Germany leaders meet in Istanbul and find many avenues of agreement. But not on Israel
ISTANBUL (AP) — Turkish President Recep Tayyip Erdogan met with German Chancellor Olaf Scholz on Saturday in Istanbul, where both leaders discussed bilateral concerns and opportunities for cooperation. But they couldn't agree on their respective stances toward Israel.
New "Living Missile" to Replace Nuclear Missiles - Ad
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Walgreens to close 1,200 US stores in an attempt to steady operations at home
Walgreens plans to close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround its .
Amazon AWS CEO Stands Firm On 5-Day Office Policy â Opponents Can Head For The Exit Door: 'There Are Other Companies Around'
Amazon's AWS CEO Matt Garman defended the new five-day in-office policy, urging those opposed to consider other jobs, as most employees he spoke with support it.
2024 -- The Real Election Year Surprise - Ad
In 2016, the October Election Surprise was Hillary Clinton's email scandal... In 2020, the October Election Surprise was the suppression of all the dirty material on Hunter Biden's "forgotten" laptop... Now, in 2024, we're forecasting an October Election Surprise that almost no one sees coming -- and this time it'll be way more devastating than anything you've seen before.
The Nobel economics prize is being announced in Sweden
STOCKHOLM (AP) — The Royal Swedish Academy of Sciences is unveiling the winner — or winners — of the Memorial Prize in economics on Monday, wrapping up six days of awards announcements.
PPG will lay off 1,800 employees as paints and coatings maker aims to cut costs
NEW YORK (AP) — PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker also inking a deal to sell a sizeable chunk of its architectural business.
Could $1 Stock Be Sitting on a Billion-Dollar Discovery? - Ad
This $1 stock has already made its mark with a listing on the prestigious NYSE. Now, it's sitting on prime land in one of America's richest gold districts, with the potential for a billion-dollar discovery. For savvy investors, this may be a $1 "Golden Ticket" to massive returns.
Poland tightens visa rules as probe confirms previous government's cash-for-visas scandal
WARSAW, Poland (AP) — Poland is tightening its visa regulations as probes into alleged have confirmed which cost the public purse millions of dollars, the foreign minister of this European Union country said Thursday.
SpaceX Wins Major US Space Force Contract Worth $734M For National Security Missions
Elon Musk's SpaceX has secured a significant $733.6 million contract from the U.S. Space Force to execute at least nine national security launches.
"Kings of Billion-Dollar Mines" Have Found a New Target... - Ad
Some of the smartest investors in the resource industry - the "Kings of Billion-Dollar Mines" - have identified their next big opportunity. Led by two brothers with deep roots in mining, they've found themselves in one of the richest gold regions in America. This team has a track record of success and they believe this company is next in line for massive growth.
Edmunds: The most reliable used vehicles under $15,000
Buying a reliable used car, truck or SUV on a $15,000 budget is easy if you know what to look for. Edmunds’ experts have done that homework for you so you can start your search with the five recommended models listed below. RepairPal, a network of automotive repair shops, gives each one a high score for overall reliability. The vehicles also have favorable consumer reviews on Edmunds.
Trump's Niece Calls Concessions Tim Walz Made to His Opponent During Tuesday's Debate Shocking: 'Won - Not On Style..But On Substance'
Ex-President Trump's niece said Democrats made a lot of concessions to their rivals in the vice presidential debate held Tuesday.
Early Nvidia, AMD, and Tesla Investor Shares New AI Picks - Ad
Jeff Brown, the tech expert who recommended Nvidia, AMD, and Tesla, is now releasing new AI stock picks. He believes they could deliver even bigger gains than before.
Cuban Vs Ackman, Dalio's Advice To China, Krugman's Warning, And More: This Week In Economics
This week saw intense debates between billionaires over political policies, including Mark Cuban and Bill Ackman clashing on Kamala Harris' tax proposal.
European Medicines Agency's Panel Supports Approval Of Novartis' Kisqali In Patients With Early-Breast Cancer
Novartis' Kisqali receives a positive recommendation from EMA's CHMP for adjuvant treatment of early breast cancer, showing a significant reduction in cancer recurrence in a Phase 3 trial. European Commission decision expected soon.
US Oil Set to Surge on Middle East Tension... Are You Ready? - Ad
With the Middle East facing yet another conflict, now is the time to get in. That's why today I want to show you the best way to profit from oil in 2024. It's NOT a stock, future or bond... Rather, it's an unusual investment that could hand you huge monthly income from the oil and gas markets.
Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing
TOKYO (AP) — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street.
Mark Cuban Drunkenly Bought A $125,000 Lifetime Flight Pass And Turned It Into A Profitable Investment
Business mogul Mark Cuban once made a spontaneous purchase of a lifetime flight pass from American Airlines during a celebratory spree, later upgrading it.Business mogul Mark Cuban once made a spontaneous purchase of a lifetime flight pass from American Airlines during a celebratory spree,
Silicon Valley Insider Reveals AI Retirement Playbook - Ad
Jeff Brown, who recommended Nvidia in 2016, is sharing his full blueprint to help you retire comfortably using AI investments. Follow his strategy for a secure financial future.
$26M Bet On Trump's Election Victory Fuels Speculation Of Coordinated Activity On Polymarket (UPDATED)
Single entity behind $26 million Trump bet on Polymarket, coordinated activity with similar deposit patterns, raises questions about manipulation.
American despair: In Arizona, high home prices and limited prospects shape voters' presidential pick
MESA, Ariz. (AP) — Karl Peterson has been living the cruel inverse of the American dream. His rent keeps getting higher, but his apartments keep getting smaller.
Elon: Tesla Is a Robotics Company Now - Ad
Elon Musk's new plan for Tesla's future has nothing to do with electric cars... TechRadar reports it "will blow your mind..." & McKinsey says it "will shape the coming decade." We recently got our hands on a video clip detailing this breakthrough.
Elon Musk Resumes Slamming FCC's Decision To Deny Starlink $885M Subsidy After FEMA Sends Its Terminals To Help Hurricane Helene Victims
SpaceX CEO Elon Musk on Monday termed the denial of about $900 million in subsidies to its satellite internet segment Starlink as "contemptible political lawfare."
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.