Top 10 Stocks to Buy and Hold Forever

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

Returns CAGR 10 Years: 19.9%

Number of Hedge Fund Holders: 124

JPMorgan Chase & Co. (NYSE:JPM) is one of the top stocks to buy and hold forever. Over the years, JPMorgan has gone from strength to strength with its significant scale advantage and entrenched position in U.S. banking. With $4.6 trillion in assets, it is the largest bank in the United States and the world’s largest bank by market capitalization, as per Forbes (as of July 17, 2025).

JPMorgan Chase & Co. (NYSE:JPM) continues to assert its leadership in large-scale financing. According to an August 20 Bloomberg report, JPMorgan and MUFG are arranging a loan of about $22 billion to fund Vantage Data Centers’ planned campus in Shackelford County, Texas.

The project will cover 10 data centers across 1,200 acres, with Oracle expected to lease capacity to serve OpenAI. Alongside the debt, Silver Lake and DigitalBridge are contributing $3 billion in equity.

The Bloomberg report highlights that this deal underscores the scale of capital flowing into AI-related infrastructure, following other large financings such as Meta’s $29 billion data-center expansion in Louisiana.

On the operations front, in mid-July, JPMorgan Chase & Co. (NYSE:JPM) delivered another strong quarter. Q2 net income reached $15 billion with EPS of $5.24, driven by steady revenue of $45.7 billion and an ROTCE of 21%. However, it should be noted that the year-on-year comparison was affected by a large one-time gain in Q2 2024. Stil, the results were comfortably ahead of consensus. The bank also returned $11 billion to shareholders through dividends and buybacks.

JPMorgan Chase & Co. (NYSE:JPM) is a financial services firm that provides banking, investment, and asset management services to individuals, businesses, governments, and institutions worldwide.