JPMorgan (JPM): The Best Undervalued Financial Stock to Buy Now

JPMorgan Chase & Co. (NYSE:JPM) is one of the 12 Undervalued Financial Stocks to Buy Now.

On May 21, 2026, Cohen & Steers announced a partnership with JPMorgan Chase & Co. (NYSE:JPM) to give investors outside the United States access to the Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund through JPMorgan’s global wealth management platform. The fund seeks to provide high current income through global hybrid credit securities, with a targeted weighted average duration of less than three years. Cohen & Steers said the partnership reflects a broader industry shift toward greater diversification within fixed income portfolio allocations.

On the same day, JPMorgan CEO Jamie Dimon said Wall Street giants will likely hire more AI specialists and fewer traditional bankers, according to Bloomberg’s Cathy Chan and Haslinda Amin. Dimon said AI will “reduce our jobs down the road,” while also making employees more productive. Dimon also said the transition can be managed through natural turnover rather than sweeping layoffs and expects new client-facing roles to be created.

Earlier in May, JPMorgan Asset Management announced the launch of its second tokenized money market fund available to U.S. investors, JPMorgan OnChain Liquidity-Token Money Market Fund, or JLTXX, on the public Ethereum blockchain. JPMorgan said JLTXX is a U.S. registered government money market fund designed to invest in a way that supports stablecoin issuers under the GENIUS Act.

JPMorgan Chase & Co. (NYSE:JPM) operates as a bank and financial holding company across the United States, the rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean.

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