JPMorgan Chase Isn't Buying Its Stock. Should You?
The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics around the investing world.
JPMorgan Chase CEO Jamie Dimon announced that the megabank is pulling its $15 billion share-buyback plans. The move highlights a problem many companies face in their buyback activity and poses a question for investors interested in this bank: If JPMorgan Chase isn't buying back its own shares, should we? Anand is still bullish on its stock based on valuation, but only for those who can handle the black-box risks.
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At the time this article was published Anand Chokkaveluand The Motley Fool own shares of JPMorgan Chase. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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