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JPMorgan Chase & Co. (NYSE:JPM) is one of the

13 Best Stocks to Invest In According to Billionaire Ken Griffin.

Banking giant JPMorgan Chase & Co. (NYSE:JPM)’s shares are up by 16.6% over the past year and are down by 4.4% year-to-date. Its CEO, Jamie Dimon, makes regular media appearances. In an investor conference on May 27th, Dimon revealed that JPMorgan Chase & Co. (NYSE:JPM) could spend between $10 billion and $20 billion for an acquisition over the coming years. The CEO added that the acquisition would have to add to his bank’s operations, culture, and core operations. JPMorgan Chase & Co. (NYSE:JPM) also announced a tokenized money fund in May after it revealed the JPMorgan OnChain Liquidity-Token Money Market Fund. This fund will be on the Ethereum blockchain and is designed to support stablecoin issuance.

JPMorgan Chase & Co. (NYSE:JPM) currently trades at a forward price-to-earnings ratio of 13.72, which is roughly in line with the sector’s 13.04.

CNBC’s Jim Cramer discussed the firm on Mad Money on June 2nd. Here is what he said:

“But honestly, if you’re looking for a fortress, I like the stock of JPMorgan here. It’s got balanced growth, sells for only 13 times earnings. It’s the best bank in the world…. I’m not going to give you the performance of Micron by telling you to buy JPMorgan. You’re not going to get it. But anyway, you’re not that early in Micron. You could be early in JPMorgan.

JPMorgan’s the antithesis of Micron. You normally don’t get to buy the stock so cheap, and no one would regard it as a lousy franchise even if the stock’s down 7% year to date. You can buy JPMorgan and put it away. Mighty hard to buy and put any tech stocks away right now.”

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.

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