JPMorgan (JPM) Stock Is Up 9% In November: What's Going On?

JPMorgan Chase & Co JPM has seen its stock rise some 9% to $242.83 in November. The stock has gained following Donald Trump's election win, with investors optimistic about the potential impact of pro-business policies on the banking sector.

Trump’s promise to extend and expand corporate tax cuts is expected to benefit large financial institutions like JPMorgan, which could see a direct boost to its net income as lower corporate taxes reduce overall operating costs.

For a bank with JPMorgan's scale, these savings could be substantial, allowing more resources to be allocated toward growth initiatives and returning value to shareholders.

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What To Know: In addition to potential tax advantages, JPMorgan stands to gain from the inflationary pressures expected from Trump’s proposed tariffs and increased federal spending, which could lead the Federal Reserve to keep interest rates elevated.

As the largest U.S. bank by assets, JPMorgan relies heavily on net interest income from loans, and higher interest rates generally mean greater profitability on lending. The potential for sustained or rising rates would allow the bank to generate increased revenue from its extensive loan portfolio, particularly in areas like mortgages, credit cards, and business loans.

Furthermore, JPMorgan could see regulatory relief under a Trump administration, which has historically sought to reduce constraints on the banking industry. Eased regulations would allow the bank to expand its activities more freely, especially in investment banking and wealth management services. Reduced compliance costs would also positively impact the bank's efficiency ratio, allowing it to operate more profitably.

Internationally, a stronger U.S. dollar—likely under Trump's policies—could benefit JPMorgan's global operations by increasing the relative value of its overseas earnings.

With broad exposure across financial services, from investment banking to asset management, JPMorgan is well-positioned to capitalize on a potential wave of economic growth and increased business investment fueled by Trump's pro-growth agenda.

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Investors can gain exposure to JPM by investing in the SPDR Dow Jones Industrial Average ETF Trust DIA and the SPDR S&P 500 ETF Trust SPY.

How To Buy JPM Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in JPMorgan Chase’s case, it is in the Financials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, JPM has a 52-week high of $248.00 and a 52-week low of $146.52.