The company had an enterprise value of around $10 billion, which at the time I started following RealPage, was just a little small cap kind of getting its feet underneath it. The JP Morgan would want to do this ultimately trying to drive that digital experience. Jamie Diamond has committed JP Morgan to spending more than $12 billion a year on technology here in the coming years.
October turned out to be the best month for the Dow Jones Industrial Average in a long time.
(0:17) Jason Moser discusses: - The importance of staying invested through bear markets - JPMorgan Chase going after the rental payment market - How much JPM has been investing in technology - Wells Fargo issuing a "double downgrade" of Hanesbrands
(13:49) Matt Frankel joins Jason to discuss four companies they bought shares of recently.
Companies discussed: JPM, HBI, HD, MKC, STOR, O, PINS
Host: Chris Hill Guest: Jason Moser, Matt Frankel Producer: Ricky Mulvey Engineers: Tim Sparks, Rick Engdahl
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