Is JPMorgan Chase Stock a Buy Now?

Shares of JPMorgan Chase (NYSE: JPM) are up a fantastic 55% over the past year, strongly outperforming the S&P 500 index's 26% gain. The banking giant has successfully leveraged a resilient economic backdrop into a record year for profitability.This momentum was evident in its latest fourth-quarter earnings report (for the period ended Dec. 31), which exceeded Wall Street expectations. The bank posted Q4 earnings per share (EPS) of $4.81, up 58% from last year.With the stock trading near a record high, investors may be wondering if the rally has further room to run or if the opportunity has already passed. Let's discuss whether JPMorgan Chase stock is a buy now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool