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There are few companies with a corporate history more vaunted than this financial powerhouse.
In fact, this bank’s story intertwines with the likes of J.P. Morgan, John D. Rockefeller, Andrew Carnegie, and Thomas Edison.
Modern-day America wouldn’t exist without this company, and America practically cannot operate without them.
If you want the full scoop on this 4%-yielding stock, which looks massively undervalued right now, check out our latest video HERE.
What do you think? Did you enjoy this video? Think this stock looks attractive right now?
P.S. If you’re ready to achieve financial independence, check out some fantastic resources I personally used on my way to achieving financial freedom at only 33 years old.
JP Morgan is well positioned to recover when all this is over and done with.
They also own a lot of gold and silver which is handy in the coming months.
HSBC is planning to move out of USA in the next year to focus on Asia, so gives more room for growth or acquisition of their department even.
My biggest worry with banks right now is the idea of negative interest rates and how that will limit its profits.
Good shout and they are on my radar.
Jason Fieber says
It’s a great business. A best-in-breed powerhouse. The stock looks less appealing after that big run-up yesterday, but there’s still some value here. 🙂
Thanks for dropping by!
Nice video! JPM is a good investment. I should pick up a few more shares.
Jason Fieber says
It’s a great bank. Had a bit of a run-up recently, but still looks like a fantastic long-term investment to me. 🙂
Hope all is well!