Filed under: Earnings Reports, Citigroup Inc. (C), JPMorgan Chase (JPM), Bank of America (BAC)
JPMorgan Chase (JPM) is a financial stock, and as such, you've got a right to be cautious about it, considering what's happened to the economy over the last couple years. Today, however, the equity, whose colleagues include Bank of America (BAC) and Citigroup (C), appears pretty appealing. Wall Street enjoyed the results of the bank's first quarter, expressing its opinion by sending in the buy order.
As of this writing, shares of the company are up well over 3%, on robust volume. The stock has been strong since its last downturn, which ended back in February, according to the one-year chart.
Continue reading JPMorgan Chase Up On Q1 News
JPMorgan Chase Up On Q1 News originally appeared on BloggingStocks on Wed, 14 Apr 2010 15:20:00 EST. Please see our terms for use of feeds.
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