roarrich
2023-04-14
good//@koolgal:

🌟🌟🌟Investors cheered today as PPI data confirmed the easing inflation trend as March's consumer price index only advanced 0.1% month over month.   Optimism is back and it is great news as$JPMorgan Chase(JPM)$ 

will be reporting its 1st quarter earnings on Friday.   JPMorgan is the largest bank in the US and the world's largest bank by market capitalisation. 

I am bullish on JPMorgan as analysts expect its earnings to jump 29% to USD3.41 per share on 17.7% revenue growth to USD 36.13 billion. 

JPMorgan share price is up 1.25% in the past 5 days but down 4.5% year to date.  Wall Street Analysts are also bullish on JPMorgan with a BUY rating, Target price of USD153. 00, an upside potential of 19%.

I believe that JPMorgan is a good long term buy as it ticks all the core fundamentals of a quality stock.  Best of all it pays great dividends too. The current dividend yield is 3.1% while waiting for capital growth. 

JP Morgan will be a strong winner this week! 

@Capital_Insights  



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