JP Morgan's stance on its own and market stocks has been a rollercoaster ride.
CEO Jamie Dimon has commented on their stock being overpriced, which led to a plunge. However,
strong trading days have seen the stock outperforming in the market. Despite Dimon hinting at his retirement, the impact on the stock has been minimal. JP Morgan has been bearish on stocks overall, with select bullish stances, such as a
80% upside projection for Structure Therapeutics Obesity-Drug Stock. There has been speculation about a
stock market bubble, with JP Morgan predicting stocks could grind higher. With JP Morgan's prediction of a flash crash due to the market's concentration in popular names, it warns that stocks are not attractive at the moment. Despite bearish views, the bank's trading desk model gave a 'buy' signal for US Stocks. There's a
13% upside projection for JPMorgan stock from one Wall Street analyst. Finally, JP Morgan has recommended investors to bet on Chinese stocks using 'cheap options'.
Jpmorgan Stocks News Analytics from Tue, 30 Jan 2024 08:00:00 GMT to Thu, 23 May 2024 20:34:00 GMT -
Rating -2
- Innovation -5
- Information 6
- Rumor -2
