5 Best Value Stocks to Buy Now

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

Number of Hedge Fund Holders: 104

JPMorgan Chase & Co. (NYSE:JPM) is an American global investment bank and financial services holding company. 

Although its earnings and stock could decrease if a recession occurs, JPMorgan Chase & Co. (NYSE:JPM)’s long term earnings potential nevertheless makes it a value stock. In July, Peter Richardson of Berenberg wrote that JPMorgan Chase & Co. (NYSE:JPM) shares traded at a 20% discount to their long term average. In July, shares of JPMorgan Chase & Co. (NYSE:JPM) traded for around what they’re trading now. 

Given JPMorgan Chase & Co. (NYSE:JPM)’s strong businesses, many hedge funds like the stock. According to Insider Monkey’s Q2 data, 104 hedge funds had stakes in JPMorgan Chase & Co. (NYSE:JPM). The total value of the holdings is $5.80 billion. 

Fisher Asset Management is the largest shareholder in JPMorgan Chase & Co. (NYSE:JPM) with shares worth $899.69 million.