Shares of $JPM+1.4%
JPMorgan Chase & Co. is one of the largest financial institutions in the world, headquartered in New York City. The firm is known for the banking, investment and financial services it provides globally.
The stock is up 17% YTD. Today, the stock is trading at around $201. Analysts have a 12-month price target set at around $224.
JPMorgan
JPMPersonally, I have bought $JPM+1.4%stock at $137 in 2023. I don't currently plan to buy more at around $200.
The company offers a dividend of almost 2.1%. This may also be one of the reasons to hold shares of this banking company in your portfolio.
JPMorgan Chase is also known for its strong focus on innovation and technology. It invests in fintech startups and develops its own digital banking services, which allows it to stay competitive in a rapidly changing financial environment.
Personally, I still have shares in this sector $BARC.L+1.9%where I have a profit of over 50%. I am currently happy with my holdings in the financial sector. On a decline to interesting prices, I would begin to consider expanding my positions.
Do you have shares of $JPM+1.4% or shares of other competitors in this sector? What are your plans for investing in the financial sector?
Banks are a wonderful business. My portfolio includes $BAC+3.2%, $KOMB.PR+0.7% and Erste.
The company is the only one in my portfolio from fin. sector. I had $BAC+3.2% before, but I sold that at a profit and kept only $JPM+1.4%, as I think it is a pretty good company and I don't want more banks in the portfolio.
I have Spolencost in my portfolio as the only representative of the banking sector and I am completely satisfied, For me it is a great company that I plan to keep on.