15 Best Stocks to Invest in for an 18 Year Old

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

Number of Hedge Fund Holder: 129

JPMorgan Chase & Co. (NYSE:JPM) is one of the 15 best stocks to invest in for an 18 year old. Analysts at Wells Fargo raised their price target for JPMorgan Chase & Co. (NYSE:JPM) from $300 to $320 while maintaining their Overweight rating on the company’s shares on June 10.

With $4.4 trillion in assets at the end of the first quarter of 2025, JPMorgan Chase & Co. (NYSE:JPM) was dubbed the “Goliath of Goliaths” by Wells Fargo analysts, who also emphasized the company’s strong financial performance and significant market presence.

The analysts highlighted JPMorgan’s dominant position in a number of industries. With an 11% market share, a 9.5% payment share, and 9% industry fees in investment banking, the bank leads the wholesale market. JPMorgan Chase & Co. (NYSE:JPM) leads the consumer banking market as well, with 91 million customers across all sectors, an 11% share of retail deposits, and a 17% share of outstanding credit card loans.

Wells Fargo’s analysis also pointed to JPMorgan’s excess capital utilization as a key factor. JPMorgan Chase & Co. (NYSE:JPM) indicated at its investor day that it now has $57 billion in surplus capital and aims for a 17% medium-term return on tangible common equity (ROTCE).

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