Top 5 Financial Stocks To Invest In

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

Number of Hedge Fund Holders: 108

JPMorgan Chase & Co. (NYSE:JPM) is a New York-based multinational financial services and investment banking corporation that provides financial advisory services and solutions to countries around the world. Earlier on October 22, the company announced the launch of Digital Bill Payment, a platform based around customer engagement, bill presentment and payments.

Of the 873 elite funds tracked by Insider Monkey, 108 were long in JPMorgan Chase & Co. (NYSE:JPM) at the end of June, compared to 111 in the first quarter of 2021. Ken Fisher’s Fisher Asset Management is a leading shareholder in the company.

On October 25, Wells Fargo analyst Mike Mayo raised the price target on JPMorgan Chase & Co. (NYSE:JPM) to $210 from $200, and maintained an Overweight rating on the shares, citing confidence in the company’s earnings capacity and consistency.