These are JPMorgan's favorite stocks heading into June

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Here are 10 of JPMorgan's top stock picks for June:

Source: JPMorgan The newcomer, ACV Auctions, is down more than 50% for the year, but analyst Rajat Gupta said it's attractive because of its strong balance sheet, coupled with the fact that the stock has traded down with other tech names even though the company's path to profitability is less uncertain. Amazon , a popular stock among Wall Street analysts this week , is also on the list.

Health care has more names on the favorites list than almost any other sector, except consumer names, which have the same amount of representation. Growth pick Eli Lilly is the largest health name by market cap. It's up 13% for the year and JPMorgan analysts see about 8% upside. Relay Therapeutics , another health name and a value pick, has a price target of $47 from JPMorgan, implying upside of 188%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines