These 5 Stocks are Gaining Today

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

Number of Hedge Fund Holders: 104

Shares of JPMorgan Chase & Co. (NYSE:JPM) rose over three percent after the opening bell today. The surge was driven by the bank’s better-than-expected results for the third quarter.

JPMorgan Chase & Co. (NYSE:JPM) reported earnings of $3.12 per share, down from $3.74 per share in the year-ago period but above the consensus of $2.90 per share. Revenue for the quarter rose 10 percent versus last year to $33.49 billion, beating expectations of $32.1 billion. The results were mainly helped by its net interest income, which soared 34 percent to $17.6 billion in the quarter.

In addition, JPMorgan Chase & Co. (NYSE:JPM) also released its segment-wise sales results. Its consumer & community banking revenue jumped 14 percent to $14.3 billion, commercial banking revenue climbed 21 percent to $3 billion and asset & wealth management revenue rose 6 percent to $4.5 billion in the quarter. On the downside, corporate & investment bank revenue slipped 4 percent to $11.9 billion.

You can also take a peek at 11 Best Cyclical Stocks To Buy and 13 Best Cybersecurity Stocks To Buy.

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