Goldman Sachs Bank Stocks: Top 10 Stock Picks

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

Goldman Sachs’ Stake Value: $4,879,502,943

Number of Hedge Fund Holders: 129

JPMorgan Chase & Co. (NYSE:JPM) is one of the best Goldman Sachs bank stocks. On June 11, TD Cowen reiterated a Buy rating on JPM with a $315 price target. The firm observed that JPMorgan maintains a record of “impressive organic growth momentum across its dominant businesses,” indicated by its solid 41.4% return over last year and 13.32% YTD performance.

TD Cowen identified JPMorgan’s investments in artificial intelligence as a significant catalyst for long-term, exponential profitability. The firm also pointed to the bank’s growing presence in private credit as a promising avenue for expansion, noting JPMorgan’s financial resilience demonstrated by 55 consecutive years of maintaining its dividend.

The firm highlighted Jamie Dimon’s leadership, emphasizing that his presentation at the investor conference reinforced their view of him as one of the most distinguished bankers of his generation, which led to its bullish outlook on JPMorgan.

JPMorgan Chase & Co. (NYSE:JPM) is a global financial institution that specializes in offering banking, investment, and wealth management services to individuals, businesses, and governments worldwide.

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

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