Investing.com — JPMorgan Chase (NYSE:JPM) reported a remarkable Q4 earnings performance today, surpassing Wall Street expectations. The company's stock price saw a gain of more than 2% in pre-market trading following the announcement.
Q4 EPS came in at $3.97, ex-items, better than the consensus estimate of $3.49. Revenue was $39.9 billion, above the consensus estimate of $39.71B.
Furthermore, the bank provided its fiscal 2024 outlook, expecting net interest income of about $90B, compared to the consensus estimate of $86.08B.
JPMorgan's extraordinary performance was seen in advance by our flagship AI-powered stock-picking toll: ProPicks. The company has been an integral part of our Dominate the Dow strategy since November.
This strategy, powered by advanced AI technology, focuses on identifying high-potential stocks from the Dow Jones Industrial Average index, highlighting the 10 standout top-performers each month with the highest probability to lead the pack.
In fact, if you had joined ProPicks in November, you would have scored a 25% gain on the JPMorgan alone.
And this is just one of the picks within our impressive selection of 70+ stocks divided among our six market-beating strategies. The real secret behind our outperformance lies in the strength of our curated list of winners — and not just on single picks.
For investors looking to capitalize on such market opportunities, InvestingPro's AI-powered strategies offer a data-driven approach to stock selection. With these tools, investors can navigate the market with confidence, backed by the power of AI analysis.
With our six strategies, including the flagship Dominate the Dow which outperformed the market by a lofty 429.7% over the last decade, investors have the
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