JP Morgan (JPM) Stock: Buy JPM Stock After Earnings Beat?

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JPMorgan Chase (#JPM) is an American bank and financial services company headquartered in New York City. The company ranks as the largest U.S. bank and world's seventh largest bank by total assets.

This past Friday #JPMorgan announced their Q4 2020 earnings. The company beat EPS by $1.17 and also beat on revenue by $1.42B. After the announcement shares fell -2% and failed to close above $140 resistance.

JPMorgan shares hit new all time highs last week and are up over +25% since November of 2020. Should investors be buying JPMorgan shares now?

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Thank you to the World Economic Forum for the photo of JPM CEO James Dimon