The Federal Reserve is expected to initiate an interest rate cut in September 2024, reflecting easing inflationary pressures.After aggressively raising rates over the past two years to combat high inflation, analysts’ projections indicate that the institution will likely reduce rates by 0.25%. Notably, a potential rate cut could significantly boost the stock market, benefiting companies poised to take advantage of a more accommodative monetary policy. Therefore, here are two stocks investors might consider ...

Shares of JPMorgan (JPM) , the largest American lender, have been performing remarkably well this year. The stock touched its two-year high of $219.19 during the last trading session and finally closed at $218.31, soaring 28.3% year to date. The JPM stock has handily outperformed the industry, the S&P 500 Index and its close peers – Bank of America (BAC) , Citigroup (C) and Wells Fargo (WFC) – in 2024.The recent jump in the shares of JPMorgan can be attributed to the statement by the Federal Reserve chairma ...

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries.The ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures ...

JoeDunckley Investment Thesis JPMorgan's (NYSE:JPM) strong performance this year has been largely driven by the company's strong net interest income. The banking giant has largely outperformed initial earnings expectations, and this has helped power the stock higher. Their net interest income has been supported by a highly favorable interest rate environment, where higher rates have allowed them to capitalize on their strong lending activities. Higher rates have been a critical driver for the bank to post s ...

The most recent trading session ended with JPMorgan Chase & Co. (JPM) standing at $215.45, reflecting a +0.69% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.97%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 1.39%.Heading into today, shares of the company had gained 2% over the past month, outpacing the Finance sector's loss of 0.47% and the S&P 500's loss of 1.85% in that time.Market par ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. JPMorgan Chase & Co. (JPM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.JPMorgan Chase & Co. is one of 860 companies in the Finance group. The Finance group currently sits at #2 within the Zacks Sector Rank. ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about JPMorgan Chase & Co. (JPM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.JPMorgan Chase & Co. currently ...

JPMorgan Chase CEO Jamie Dimon elevated executives at the banking giant who are seen as loyal to him — at the expense of his No. 2, who has seen his influence at the company wane, according to a report.Speculation among insiders at JPMorgan is rife that Daniel Pinto, the president of the bank, could be on his way out after an organizational restructure saw his loyalists passed over for key roles, the Financial Times reported.Pinto, 61, was stripped of his title as head of JPMorgan’s investment banking and t ...

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries.The ...