JPMorgan Chase & Co. (NYSE:JPM) is one of the 10 Best Stocks to Buy According to Billionaire Rob Citrone.

JPMorgan Chase & Co. (NYSE:JPM) first appeared in the 13F portfolio of Discovery Capital Management back in the fourth quarter of 2012. This stake comprised over 4 million shares but was sold off within a few months. A new position was then opened in the second quarter of 2013, comprising more than 2 million shares. This was increased to over 5 million shares by the end of 2013 but was sold off as well. The latest position, purchased in the second quarter of 2025, comprised 166,000 shares. This was increased to 170,000 shares in the third quarter of 2025 and over 227,000 shares in the fourth quarter of 2025.

READ NEXT: 15 Stocks That Will Make You Rich in 10 Years.

Hedge funds view JPMorgan Chase & Co. (NYSE:JPM) as the ultimate defensive play in a high-volatility environment. This is because the bank maintains a massive capital buffer, which allows it to thrive even when inflation is the skunk at the party, as CEO Jamie Dimon recently warned. While higher rates boosted net interest income in 2024 and 2025, hedge funds are now buying ahead of the 2026 rate-cutting cycle, betting that lower rates will spark a massive rebound in M&A and IPO activity, where JPMorgan’s investment banking division dominates. Institutional investors are drawn to the bank’s consistent ability to return capital to shareholders.

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.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years

Disclosure: None. Follow Insider Monkey on Google News