JPMorgan Chase JPM Earnings Correction
JPMorgan Chase $JPM is now in a correction with the market disappointed with the last earnings even though 2021 was a record year for America's largest bank.
I have been buying/holding JPMorgan Chase since 2016 and I believe that this is a stock to hold forever. There are several reasons why I like JPM such as its great management (I believe that Jamie Dimon is the best CEO in the world), and the fact the company was diversified and expanding both internationally and domestically.
Why is the market unhappy? JPM is going to make investments in technology worth $15 billion in 2022, rather than buyback shares. I am not worried about this as this is a long-term investment.
Watch the full video on YouTube:
https://www.youtube.com/watch?v=8D5JQRDWgyM&list=UUPO3uUyoXSaFWG-Ldq1mqEQ
Full analysis of JPM:
https://ishfaaqpeerally.teachable.com/courses/662813/lectures/35761327
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