We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is JPMorgan Chase & Co. (JPM) Stock Outpacing Its Finance Peers This Year?
Read MoreHide Full Article
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is JPMorgan Chase & Co. (JPM - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.
JPMorgan Chase & Co. is one of 868 companies in the Finance group. The Finance group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. JPMorgan Chase & Co. is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for JPM's full-year earnings has moved 3.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, JPM has gained about 27.5% so far this year. Meanwhile, stocks in the Finance group have gained about 13.4% on average. As we can see, JPMorgan Chase & Co. is performing better than its sector in the calendar year.
Another stock in the Finance sector, Aviva (AVVIY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 55.4%.
For Aviva, the consensus EPS estimate for the current year has increased 17% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, JPMorgan Chase & Co. is a member of the Financial - Investment Bank industry, which includes 21 individual companies and currently sits at #32 in the Zacks Industry Rank. This group has gained an average of 28.9% so far this year, so JPM is slightly underperforming its industry in this area.
In contrast, Aviva falls under the Insurance - Life Insurance industry. Currently, this industry has 16 stocks and is ranked #54. Since the beginning of the year, the industry has moved +1.7%.
Investors interested in the Finance sector may want to keep a close eye on JPMorgan Chase & Co. and Aviva as they attempt to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is JPMorgan Chase & Co. (JPM) Stock Outpacing Its Finance Peers This Year?
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is JPMorgan Chase & Co. (JPM - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.
JPMorgan Chase & Co. is one of 868 companies in the Finance group. The Finance group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. JPMorgan Chase & Co. is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for JPM's full-year earnings has moved 3.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, JPM has gained about 27.5% so far this year. Meanwhile, stocks in the Finance group have gained about 13.4% on average. As we can see, JPMorgan Chase & Co. is performing better than its sector in the calendar year.
Another stock in the Finance sector, Aviva (AVVIY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 55.4%.
For Aviva, the consensus EPS estimate for the current year has increased 17% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, JPMorgan Chase & Co. is a member of the Financial - Investment Bank industry, which includes 21 individual companies and currently sits at #32 in the Zacks Industry Rank. This group has gained an average of 28.9% so far this year, so JPM is slightly underperforming its industry in this area.
In contrast, Aviva falls under the Insurance - Life Insurance industry. Currently, this industry has 16 stocks and is ranked #54. Since the beginning of the year, the industry has moved +1.7%.
Investors interested in the Finance sector may want to keep a close eye on JPMorgan Chase & Co. and Aviva as they attempt to continue their solid performance.