In April 2024, investors have three top stock picks from JPMorgan to consider adding to their portfolios: Microsoft (MSFT), Mastercard (MA), and Texas Instruments (TXN). JPMorgan, a leading financial institution, owns 127.7 million shares of MSFT, positioning it to benefit from the AI boom. MSFT is a well-established company with strong growth potential [48fa9fc1].
Mastercard (MA) is another top pick from JPMorgan. The company is expected to continue benefiting from U.S. economic growth, with revenue and gross dollar volume increasing. MA is a reputable company in the financial services industry [48fa9fc1].
Texas Instruments (TXN) is JPMorgan's third top pick. The company has a low valuation and is expected to generate $12 per share of free cash flow in 2026. TXN is a well-established semiconductor company with a solid track record [48fa9fc1].
JPMorgan's stock picks have been proven accurate, despite CEO Jamie Dimon's cautious statements about the U.S. economy. The bank generated $2.7 billion of revenue from trading equities last quarter. Larry Ramer, an InvestorPlace contributor, recommends these stocks as top picks [48fa9fc1].