Short ideas: Here are the stocks JPMorgan is betting against in the fourth quarter

Despite the major indexes trading near their all-time highs, there are still plenty of stocks that JPMorgan is bearish on in the coming quarter. Stocks managed to pull off a record performance in September — despite the month being traditionally difficult for the market — after the Federal Reserve cut rates for the first time in four years. But stocks may not be in the clear just yet, as historical trends also show October as a choppy month for equities.

The downside to average price target is around 2%. "Longer term, the competitive landscape has changed, in our view, and structural profitability is lower than prior cycle," wrote Rehaut, who currently has an underweight rating on the stock. JPMorgan analyst Kenneth Goldman also has an underweight rating on Beyond Meat . Shares of the plant-based food producer have plunged 27% in 2024. "Plant-based meat continues to struggle as the fad fades," the analyst wrote.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Trading the big jobs report: How JPMorgan sees stocks reacting to these scenariosSee how the firm's research team expects the market to move in the wake of Friday's key data release.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

JPMorgan downgrades its opinion on China, but still likes these individual stocksAs the summer holidays end, investors in China are coming to accept that consumption and growth will remain sluggish for a while.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

JPMorgan says these two stocks are the 'best way' to play the AI data center trendJPMorgan says these two stocks are the 'best way' to play the AI data center trend
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

JPMorgan gets bullish on steel industry, likes 2 stocks in particularFor investors with strong stomachs, these steel stock are a buying opportunity, according to the investment bank.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Don’t expect much from stocks for the next decade, says JPMorganThe market appears to be too expensive relative to history, according to the firm, which is projecting a 5.7% annual S&P 500 return over the next decade.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

JPMorgan cuts China stocks to Neutral on 'challenging outlook'JPMorgan cuts China stocks to Neutral on 'challenging outlook'
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »