Top 5 Stocks to Buy in 10 Different Sectors

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

FINVIZ.com Sector: Financial

Number of Hedge Fund Holders: 110

JPMorgan Chase & Co. (NYSE:JPM) is a leading bank that’s a top pick in the financial sector. JPMorgan Chase & Co. (NYSE:JPM) is also among the most widely held financial stocks among the hedge funds we track at the end of Q3 2022 with 110 hedge funds holding shares of the bank.

Vltava Fund commented on JPMorgan Chase & Co. (NYSE:JPM) in a Q3 2022 investor letter,

We regard JPM to be the strongest and best- managed bank in the world. It is a leader in investment banking, commercial banking, credit cards, and asset management. Its size (the largest bank in the USA, with nearly USD 4,000 billion in assets) and diversification give it a strong competitive advantage that is compounded by its cost advantages and the high costs to clients associated with switching banks. JPM’s management prides itself on running the only large bank to avoid major instability over the long term.