5 Best Stocks to Buy and Hold for 3 Years

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

Number of Hedge Fund Holders: 100

Morgan Stanley likes the fact that 20% of JPMorgan Chase & Co. (NYSE:JPM)’s branch network is less than 10 years old. This percentage is much higher than the industry average of 12%, according to the investment firm. Morgan Stanley has a $173 price target for JPMorgan Chase & Co. (NYSE:JPM), which is also highly popular among the smart money investors. Insider Monkey’s proprietary database of 943 hedge funds shows that 100 hedge funds tracked by Insider Monkey were bullish on JPMorgan Chase & Co. (NYSE:JPM). The most significant shareholder of the company is Edgar Wachenheim’s Greenhaven Associates which owns a $643 million stake.