These 5 Stocks Can Skyrocket if Donald Trump Wins US Election 2024

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1. JPMorgan Chase & Co (NYSE:JPM)

Number of Hedge Fund Investors: 103

Last month, Goldman Sachs said in a report that many stocks in the financials and banking sector would gain if a Donald Trump-led Republican government takes power in the US after the 2024 election. In the “de-regulation” category, Goldman talked about several stocks which could benefit under the new administration. JPMorgan Chase & Co (NYSE:JPM) was one of these stocks.

Madison Sustainable Equity Fund stated the following regarding JPMorgan Chase & Co. (NYSE:JPM) in its fourth quarter 2023 investor letter:

“We updated the sustainable scorecard for JPMorgan Chase & Co. (NYSE:JPM). JP Morgan continues to have an Average rating across Governance, Social and Environmental factors. JP Morgan is using its business to improve climate change. JP Morgan has targeted $2.5 trillion in financing between 2021 and 2030 to advance long-term solutions to address climate change and sustainable development. The Board has oversight of corporate responsibility and ESG matters, but ESG and Sustainability are addressed across the firm. JPM does listen to shareholders. After a 31% For Vote on executive compensation in 2022, the Board will not be granting any special awards to Jamie Dimon or Daniel Pinto and if awarded to other Named Executive Officers, there will be a direct performance condition associated with the award. The Compensation Committee limited the cash percentage of Dimon and Pinto’s compensation.”

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