The Best and Worst Dow Stocks for the Next 12 Months

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

Upside Potential: 7.5%

Market Cap: $670 billion

Number of Hedge Fund Holders: 123

JPMorgan Chase & Co. (NYSE:JPM) is a financial services company and the largest U.S. bank by assets ($4.0 trillion as of December 2024). The company is a market leader in investment banking, commercial lending, and asset management.

In a report on April 14, Phillip Securities analyst Glenn Thum reaffirmed his Buy rating on JPMorgan Chase & Co. (NYSE:JPM) with a price target of $252. The analyst highlighted strong growth in the bank’s trading, asset management, and investment banking operations, which drove a 17% year-over-year growth in non-interest income. The key drivers for this growth include healthy activity in equity markets and higher asset management fees supported by net inflows and favourable market conditions.

While the company is witnessing challenges like lower net interest income and increasing expenses, the analyst is encouraged by the overall growth resilience across divisions. He believes that this resilience should help the company sustain earnings momentum. Additionally, dividend increases and share repurchases contribute to the analyst’s optimistic view of the stock.