Billionaire Rob Citrone’s Top 10 Stock Picks

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

Rob Citrone’s Latest Stake Value: $79,559,749

Number of Hedge Funds Holding Stakes: 123

JPMorgan Chase & Co. (NYSE:JPM) is the largest bank in the US by assets under management (AUM) and the fifth largest globally by the same measure. The financial giant offers consumer banking (via Chase), investment banking, asset management, credit cards, loans, and financial advisory services. It operates in retail banking, corporate finance, wealth management, and global markets. On April 14, DBS analyst Lim Rui Wen reaffirmed a Buy rating for JPMorgan Chase (JPM) with a price target of $268.00.

For Q1 2025, JPMorgan Chase & Co.’s (NYSE:JPM) net income reached $14.6 billion, or $5.07 per share, a 9% increase compared to the same period last year. The bank topped profit estimates driven by record equities trading revenue and higher fees from debt underwriting and advising on mergers. Trading revenue climbed 21%, with equities trading surging 48% to a record $3.8 billion.

However, CEO Jamie Dimon has expressed caution about the economic outlook, warning of “considerable turbulence” in the U.S. economy amid geopolitical tensions and trade-related issues. Dimon noted that clients have become more cautious amid market volatility driven by President Trump’s tariffs and other economic uncertainties. In that regard, the bank has increased its provisions for credit losses to $3.3 billion in the first quarter, up from $1.9 billion a year earlier.

While we acknowledge the potential of JPMorgan Chase & Co. (NYSE:JPM) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than JPM but that trades at less than 5 times its earnings check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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