Is JPMorgan Chase Stock a Buy On This Dip?

Investors panicked following disappointing 2024 guidance. They're not seeing the bigger picture.The stock's setback last week makes enough sense on the surface. In defiance of expectations, JPMorgan Chase (JPM -6.47%) didn't raise its 2024 revenue guidance with its first-quarter results posted on Friday. Shares subsequently tumbled to the tune of 6%, extending a sell-off that's been underway since late March. JPMorgan stock is now down 8% from that peak.The proverbial glass isn't half-empty, however. It's h ...