12 Most Undervalued Long-Term Stocks to Buy Right Now

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

Forward P/E Ratio: 14.86

Number of Hedge Fund Holders: 124​

JPMorgan Chase & Co. (NYSE:JPM) is one of the Most Undervalued Long Term Stocks to Buy Right Now. On October 21, Glenn Thum from Phillip Securities maintained a Hold rating on JPMorgan Chase & Co. (NYSE:JPM) with a price target of $305. ​

The company grew its earnings by 12% year-over-year, driven by investment banking income, asset management, and trading; however still fell short of the expectations, said the analyst in a research note. He noted that while the non-interest income was a significant growth driver, the net interest income only grew slightly during the quarter, mainly due to a decline in net interest margins.

Thum remains cautious on JPMorgan Chase & Co. (NYSE:JPM) due to macro-economic uncertainties, including trade tensions and policy changes, which he believes can lead to increased provisions and non-performing loans.

JPMorgan Chase & Co. (NYSE:JPM) is a global financial services firm that provides a wide range of banking and investment services. It operates through segments including Consumer & Community Banking, Commercial & Investment Banking, and Asset & Wealth Management.

While we acknowledge the potential of JPM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than JPM and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

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