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-0.000751476113795034 -0.000536768652710651 -0.00150295222758991 -0.00161030595813211 0.0010735373054213 0.010198604401503 0.00912506709608153 0.00257648953301122
Stock impact report

JPMorgan reports earnings in a week. Here's why it may be a buy now [CNBC]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: CNBC
VIDEO3:5603:56One bank is best bet heading into earnings, traders agreeJPMorganAhead of the release, CEOannual shareholder letterAri Wald, head of technical analysis at Oppenheimer, says trading in bank stocks could remain "jerky," but he thinks JPMorgan is one of the top picks of the group."We're specifically recommending JPMorgan overWells Fargo"JPMorgan stock has declined 36% this year, though theKBE bank ETFDimon also said in Monday's letter that the company might consider pulling back on its dividend if the economic fallout shakes out even worse than anticipated. Nancy Tengler, chief investment officer at Laffer Tengler Investments, doesn't expect the worst."I don't like to be on the other side of very smart people. [Former Federal Reserve chair]Janet YellenJPMorgan's 4% yield is roughly in line with the KBE ETF and higher than the S&P 500's 2.2% yield."I thought it was prudent of [Dimon] to talk about the potential for reserving the dividend, as something they would be willing t Show less Read more
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