JPMorgan Chase & Co. (JPM) Hits All-Time High of $317.94

With significant hedge fund interest and trending on Reddit, JPMorgan Chase & Co. (NYSE:JPM) secures a spot on our list of the 10 Best Non-Tech Stocks to Buy According to Reddit.

Despite ongoing legal concerns, market trust in JPMorgan Chase & Co. (NYSE:JPM)’s financial strength was demonstrated on September 29, when the bank’s stock hit an all-time high of $317.94.

Charlie Javice, the founder of Frank, a fintech startup that JPMorgan Chase & Co. (NYSE:JPM) acquired for $175 million in 2021, was sentenced to little over seven years in jail on the same day for cheating the bank by fabricating client data. Although the case prompted concerns about due diligence, the market’s response highlights the company’s strong foundation, varied company strategy, and ability to overcome obstacles.

Global financial services provider JPMorgan Chase & Co. (NYSE:JPM) provides commercial banking, investment banking, asset management, and financial transaction processing to consumers and small companies. It is one of the Best Non-Tech Stocks.

While we acknowledge the potential of JPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.