JP Morgan Stock Analysis
JP Morgan, ticker symbol JPM has fallen a lot recently but how attractive is the company, you’ll find out here. Now getting into the stock JPM has a 52 week low of 76.91 and a 52 week high of 141.10, the price is currently 84.00. This is a very attractive price as the stock has a P/E ratio of 9.44, which means the stock is discounted. The dividend is 3.60 or 4.14%. The payout ratio is 40%, but the payout ratio was 30% before earnings dropped because of the illness. So if you are looking for a dividend stock that is going to grow the dividend long term JPM is a good candidate. The stock also has market cap of 255 billion, which makes them one of the biggest companies in the world.
Is JP Morgan Stock a Buy
Now for the question you’ve been waiting for is JP Morgan a buy the answer is yes. Here is a recap of the best things about the stock. The stock is safe because it is a huge company and because the sector it is in, banking. Next reason is the dividend, the dividend is high yielding at over 4%, the dividend is also growing. The final reason is JP Morgan has huge potential growth in share price because the price has fallen from 141.10 to 84.00.