10 Most Profitable Large Cap Stocks to Buy Now

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

Number of Hedge Fund Holders: 123

Last year net income: $56.87 billion

JPMorgan Chase & Co. (NYSE:JPM) is a global financial services company offering banking, investment, and asset management solutions. It operates through four main segments: Consumer & Community Banking, Corporate & Investment Banking, Commercial Banking, and Asset & Wealth Management. The company provides services such as retail and commercial banking, investment banking, securities trading, and financial advisory. JPM serves individuals, businesses, and institutions worldwide, managing assets across various financial markets. It plays a key role in global finance through lending, capital markets, and wealth management solutions. The company ranked 5^th on our recent list of 10 Companies That Are Buying Back Their Stock in 2025.

JPMorgan Chase & Co. (NYSE:JPM) demonstrated strong performance across multiple business segments, with Investment Banking fees projected to be up mid-teens YoY and markets revenue expected to be up low double digits as of 2025. The bank has made significant progress in technology modernization, with 65% of applications running significant workloads in the cloud and 95% of applications either moved to strategic data centers or operating on the cloud. The technology investment continues to grow, with spending expected to increase from just under $17 billion in 2024 to approximately $18 billion in 2025. The bank has successfully integrated the Commercial Bank and Investment Bank operations, creating synergies and removing organizational seams to better serve clients across segments.

In terms of AI implementation, JPMorgan Chase & Co. (NYSE:JPM) has deployed over 450 use cases across various functions including risk management, payment processing, trade optimization, and customer service, with more than 200,000 employees now having access to their proprietary GenAI platform, LLM Suite. The bank maintains a strong international growth focus while also seeing significant domestic opportunities, particularly in middle market business and retail branch expansion in major markets like Washington D.C., Philadelphia, and Boston, where they are not yet among the top three players. With more than $56 billion net income in the latest fiscal year, JPM is one of the most profitable large cap stocks to buy now.