5 Best Stocks to Buy Amid Inflation in 2022 and Beyond

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

Number of Hedge Fund Holders: 110

With the rising inflation and interest rates, JPMorgan Chase & Co. (NYSE:JPM) is set to make profits and benefit its investors. According to the Insider Monkey database, 110 hedge funds had stakes in the company at the end of Q1 2022, compared to 107 in the previous quarter. Fisher Asset Management is the leading stakeholder in the company with 7.76 million shares, valued at approximately $1.058 billion.

In the first quarter of 2022, JPMorgan Chase & Co. (NYSE:JPM) missed its EPS estimates by a small margin while outperforming the revenue forecasts. The company reported an EPS of $2.63, compared to the estimated $2.71. On the other hand, JPMorgan Chase & Co. (NYSE:JPM) generated revenues of $30.72 billion, 1.05% over the estimates.

On May 24, Societe Generale analyst Andrew Lim raised the price target of JPMorgan Chase & Co. (NYSE:JPM) to $150 from $145 and upgraded the company shares to Buy from Hold.

ClearBridge Investments mentioned JPMorgan Chase & Co. (NYSE:JPM) in its Q4 2021 investor letter. Here is what the fund said:

“Our energy and financials holdings kept pace in the 2021 rally.  In financials, JPMorgan benefited from strong economic growth, a rise in Treasury yields, and a benign credit environment.”

You can also take a peek at 10 Best Undervalued Dividend Stocks To Buy and 10 Best Recession Stocks To Buy.

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