JPMorgan Stock Gained 17% YTD, What's Next?

The J.P. Morgan building in Central Hong Kong, in Hong Kong, China, on March 6, 2022. (Photo by ... [+] Marc Fernandes/NurPhoto via Getty Images)NurPhoto via Getty ImagesJPMorgan’s stock (NYSE: JPM) has gained approximately 17% YTD, as compared to the 14% rise in the S&P500 over the same period. Notably, JPMorgan’s peer Citigroup (NYSE: C) is up 20% YTD. Overall, at the current market price of $199, JPM stock is trading 4% below its fair value of $208 – Trefis’ estimate for JPMorgan’s valuation. Amid the cu ...