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JPMorgan Emerges Strong Amid Market Swings, Says Wolfe Research

JPMorgan Chase & Co. (NYSE:JPM) is one of Best Dividend Stocks to Buy for Dependable Growth.

According to Wolfe Research, investors should consider JPM amid volatility. The stock has surged by over 12% since the start of 2025, outperforming the broader market by a wide margin.

A group of business people discussing plans around a boardroom table adorned with a financial services company logo.

With markets remaining unsettled due to evolving trade policies and geopolitical tensions, Wolfe Research is focusing on companies with a long-standing habit of buying back their own shares as a way to weather the volatility, and JPMorgan Chase & Co. (NYSE:JPM) made the cut.

Wolfe’s “consistent buyback” list highlights firms that have reduced their share count for at least 10 consecutive years. According to Chief Investment Strategist Chris Senyek, this group of stocks tends to perform well during defensive market phases and around periods of economic downturn.

According to the firm, JPMorgan Chase & Co. (NYSE:JPM) kicked off 2025 by increasing its share repurchases, despite CEO Jamie Dimon expressing caution at the bank’s 2024 investor day, when he felt the stock was somewhat overvalued. However, with JPM sitting on a growing cash reserve, the buybacks moved forward.

Wolfe’s data indicates the bank’s buyback-to-market-cap ratio stands at 4%. So far in 2025, JPMorgan stock has seen steady performance, and about 56% of analysts tracked by FactSet have rated it a “Buy,” with the average price target suggesting a roughly 3% potential upside.

JPM is also a solid dividend payer, currently offering a quarterly dividend of $1.40 per share for a dividend yield of 2.08%, as of June 17.

JPMorgan Chase & Co. (NYSE:JPM) is a leading provider of investment banking, commercial banking, asset management, and financial transaction services. The firm serves millions of customers across the U.S., along with major corporate, institutional, and government clients around the world.

While we acknowledge the potential of JPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Dividend Stock Portfolio For Retirement and 10 Unstoppable Dividend Stocks to Buy Now

Disclosure. None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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