10 Best Momentum Stocks to Buy Right Now

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2. JPMorgan Chase & Co. (NYSE:JPM)

Year-to-Date Performance: 21.24%

Number of Hedge Fund Holders: 129

JPMorgan Chase & Co. (NYSE:JPM) ranks among the best momentum stocks to buy. On July 16, Keefe, Bruyette & Woods maintained its Outperform rating on JPMorgan Chase & Co. (NYSE:JPM) but increased its price target from $327 to $330. The price target adjustment was came in light of JPMorgan’s second-quarter 2025 results, which showed a 21% return on tangible common equity (ROTCE).

The company’s revenue of $44.9 billion also exceeded the projected $43.86 billion, while its earnings per share of $4.96 surpassed the expectation of $4.48.

JPMorgan’s performance is driven by what KBW refers to as the “Triple Crown” advantages: scale, stability, and deregulation. Additionally, the firm raised its earnings forecasts for JPMorgan by 3% for 2026 and 6% for 2025, citing improved revenue estimates.

JPMorgan Chase & Co. (NYSE:JPM) is a multinational financial services company that offers investment banking in addition to consumer and small business financial services. It also offers commercial banking, asset management, and financial transaction processing.

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