Hot Defensive Stocks To Buy Right Now

Hot Defensive Stocks To Buy Right Now: J P Morgan Chase & ; Co(JPM)

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. Its Investment Bank segment provides various investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, risk management, market-making in cash securities and derivative instruments, prime brokerage, and research services serving corporations, financial institutions, governments, and institutional investors. The company?s Commercial Banking segment provides lending, treasury, investment banking, and asset management services to corporations, municipalities, financial institutions, and not-for-profit entities. Its Treasury & Securities Services segment offers cash management, trade, wholesale card, and liquidity products and services to small and mid-sized companies, multinational corporations, financial institutions, and government entities. It also holds, values, clears, and services securities, cash, and alternative investments for investors and broker-dealers, and manages depositary receipt programs worldwide. JPMorgan?s Asset Management segment provides investment and wealth management to institutions, retail investors, and high-net-worth individuals. This segment offers investment management in equities, fixed income, real estate, hedge funds, private equity, and liquidity products, as well as trust and estate, banking and brokerage services, and retirement services. Its Retail Financial Services segment offers retail banking and consumer lending services that include checking and savings accounts, mortgages, home equity and business loans, and investments through ATMs, online banking, and telephone banking, as well as auto dealerships and school financial-aid offices. The company?s Card Services segment issues credit cards and processes various credit c! ard payments. JPMorgan Chase & Co. was founded in 1823 and is headquartered in New York, New York.

Advisors' Opinion:

• [By Kristen Scholer var popups = dojo.query(".socialByline .popC"); popups.forEac]

  Thomas Lee, formerly a strategist at J.P. Morgan (JPM), may as well have popped the champagne early Wednesday night as his initial estimate of 2075 proved most accurate. It came within 16 points of where the S&P settled at the close.

• [By Motley Fool Staff]

  Patrick Morris: In my opinion, the top bank stock to own for 2015 will be none other than JPMorgan Chase (NYSE: JPM  ) .

  As previously discussed, it currently trades at a very reasonable valuation relative to the strength of its financial position. In addition to its financial strength, the strength of its businesses also makes it a compelling investment consideration.

• [By Ben Levisohn]

  Financials are certainly having a good day today. The Financial Select Sector SPDR (XLF) has gained 0.7% to $24.25 at 12:24 p.m., while Citigroup (C) has risen 1% to $54.03, JPMorgan Chase (JPM) has advanced 0.8% to $60.62 and Bank of America (BAC) is up 0.9% at $17.16.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-defensive-stocks-to-buy-right-now.html