economy
JPMorgan's Best Stock Ideas Heading Into May
The firm has an updated list of top ideas as the new trading month commences.
TL;DR
- JPMorgan released its updated list of top stock ideas for the new trading month.
- Q2 Holdings was added to the list, while Alkami and Huntington Bancshares were removed.
- Analysts predict a rebound for Q2 Holdings, with a buy rating and significant upside potential.
- Caterpillar is also on the list, having beaten expectations and shown strong year-to-date performance, though some analysts imply a pullback.
- Budget retailer Dollar Tree is included, with an average price target implying a rebound, but a majority of analysts hold a 'hold' rating.