10 Best Stocks to Invest in for Long Term

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

Number of Hedge Fund Holders: 123

JPMorgan Chase & Co. (NYSE:JPM) is a leading U.S.-based financial services firm with global operations. As of December 31, 2024, it reported assets totaling $4.0 trillion and stockholders’ equity of $344.8 billion. The firm operates through three primary segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. It serves millions of customers in the U.S. and numerous corporate, institutional, and government clients worldwide.

JPMorgan Chase & Co. (NYSE:JPM) reported strong Q1 2025 results, reporting $14.6 billion in net income and revenue of $46 billion, an 8% year-over-year increase. Markets revenue rose 21%, and noninterest revenue outside of Markets grew 20%, aided by higher asset management and investment banking fees. During JPMorgan’s Q1 earnings call, the management discussed the firm’s outlook amid growing economic uncertainty. CFO Jeremy Barnum explained that although short-term interest rates have dropped, JPMorgan’s net interest income (NII) guidance remains unchanged due to favorable balance sheet factors, higher wholesale deposit balances, and the removal of a placeholder for potential card fee regulation impacts.