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Valued at a market cap of $752.5 billion, JPMorgan Chase & Co. (JPM) is a financial services company that serves millions of customers and many of the world’s most prominent corporate, institutional, and government clients daily. The New York-based company manages assets and investments, offers business advice and strategies, and provides innovative banking solutions and services.
This financial service provider’s shares have significantly outpaced the broader market over the past 52 weeks. JPM has rallied 52.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.9%. Moreover, the stock is up 11.3% on a YTD basis, compared to SPX’s 1.9% rise during the same time frame.