5 Most Profitable Blue Chip Stocks to Buy

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

Trailing Twelve Month Net Income: $49.4 billion

JPMorgan Chase & Co. (NYSE:JPM) is a global banking behemoth headquartered in New York City. With January 2024 coming to an end, it has an eye on the future as a recent management shakeup is believed to be motivated by the need to fix a successor for JPMorgan Chase & Co. (NYSE:JPM)’s CEO Jamie Dimon.

During last year’s third quarter, 109 out of. the 910 hedge funds part of Insider Monkey’s database were the firm’s investors. JPMorgan Chase & Co. (NYSE:JPM)’s largest stakeholder among these is Ken Fisher’s Fisher Asset Management courtesy of its $1.6 billion investment.

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