JPMorgan Chase & Co. (NYSE:JPM) is included among the 10 Most Profitable Undervalued Stocks to Buy HSBC Upgraded JPMorgan Chase & Co. (JPM) to Hold from Reduce and Set a New $319 Price Target On February 5, 2026, HSBC upgraded JPMorgan Chase & Co. (NYSE:JPM) to Hold from Reduce and set a new $319 price target, following suit on other analyst rating upgrades after the stock’s recent weak performance. A few days earlier, on February 3, 2026, Baird analyst David George upgraded JPMorgan Chase & Co. (NYSE:J ...

Core Insights - Equity markets are showing potential for more stocks to join the $1 trillion club, supported by strong fundamentals and market optimism [1][2] Group 1: Eli Lilly (NYSE: LLY) - Eli Lilly is the closest candidate to reach the $1 trillion market capitalization, currently at approximately $948.6 billion, needing a gain of about 5.4% [3] - The growth is driven by increasing demand for its GLP-1 portfolio, particularly Mounjaro for diabetes and Zepbound for obesity, with revenue growth exceeding 40% year over year [3][4] - Management has provided a 2026 revenue guidance of $80 billion to $83 billion, significantly above market expectations, supported by expanded supply and improved manufacturing capacity [4][6] Group 2: JPMorgan Chase (NYSE: JPM) - JPMorgan Chase, with a market capitalization of about $877.7 billion, requires a gain of roughly 14% to reach the $1 trillion milestone, making it a credible contender in the financial sector [7] - The bank's latest earnings reflect strength across investment banking, trading, and consumer businesses, despite increased technology spending and balance sheet adjustments [9] - Management anticipates easing expense pressures and stable revenues, with expectations for U.S. interest-rate cuts later in 2026 alleviating concerns over net interest income volatility [9][10]

中国经济网北京2月9日讯 智通财经网消息《摩根大通减持药明康德(02359)约79.81万股 每股作价约109.15港元》显示，香港联交所最新 资料显示，2月3日，摩根大通减持药明康德(02359.HK)79.8119万股，每股作价109.1481港元，总金额约为8711.32万港元。减持后最新持股 数目约为3524.51万股，最新持股比例为6.90%。 摩根大通2月3日减持套现合计8711.32万港元。 (责任编辑：徐自立) | | | | 公布时间 | 机构 | 持仓类型 | 买入/卖出涉及的股数(股) | 每股平均价 | 变动后数量 | 变动后持股率(%) | | --- | --- | --- | --- | --- | --- | --- | | | | | | (港元) | (股) | | | 2026-02-03 摩根大通公司 | | 好仓 | -798, 119 | 109.1481 | 35, 245, 132 | 6.90 | | 2026-02-02 摩根大通公司 | | 好仓 | 1, 490, 412 | 109. 281 | 36, 043, 251 | 7.06 | 资料显示，摩 ...

Core Viewpoint - The global metal market is entering a consolidation phase after months of upward momentum, but this does not signify the end of the bull market. The current adjustment is seen as a necessary pause in a long-term upward trend, with copper expected to rebound before gold in the second quarter [1][10]. Summary by Sections Gold Market - Recent gold price movements are characterized as a typical short-term pullback rather than the end of a long-term uptrend. Technical indicators show signs of momentum exhaustion, predicting a wide-ranging holding pattern for gold prices in the coming weeks or months [2][4]. - Key resistance levels for gold are identified at $5000 and the $5100-$5150 range, which may limit short-term price rebounds [2]. Copper Market - The recent slowdown in LME copper prices after reaching above $14,000 has raised concerns about whether copper prices have detached from fundamentals [6]. - Analysis indicates that current copper price increases imply a global manufacturing PMI of around 53, while the actual PMI is only about 50.5. This suggests that copper prices may be overly optimistic but reflect a collective bet on a cyclical recovery [7][8]. - The report highlights that the correction in copper prices is more of a technical adjustment rather than a collapse of fundamental expectations [8]. Market Strategy - Morgan Stanley predicts that basic metals will receive more support than precious metals during the consolidation phase. While both require consolidation, the driving forces differ, with gold facing profit-taking pressures and copper benefiting from strong cyclical momentum [10]. - Specific tactical support levels are suggested for investors: for copper, the $12,074-$12,105 range is seen as initial support, while the $11,100-$11,200 range is crucial for maintaining a long-term bullish structure. For gold, key buy zones are identified at $4,500 and the $4,264-$4,381 range [11]. Conclusion - The report concludes that while the metal market is currently in a pause, it is not the end of the upward trend. Investors are advised to focus on manufacturing cycle recovery signals and position themselves in basic metals at technical support levels to capture the next wave of price increases [11].

在经历了数月的单边上扬与狂热追逐后，全球金属市场似乎撞上了"天花板"。 面对近期价格的剧烈波动，华尔街顶级投行摩根大通（J.P. Morgan）在新近发布的技术策略报告中发出明确信号： 金、银、铜等主要金属品种在未来几周都 将进入"盘整期"。 然而， 这并非牛市的终结 。在摩根大通全球市场策略团队分析师Jason Hunter看来， 当前的调整是长期上涨趋势中的必要休整。 他表示，对于精明的交易者而言，关键的博弈点在于"分化"： 相比于黄金典型的"冲高回落"形态，基本金属（尤其是铜）得益于全球制造业周期的支撑，其基 本面逻辑更为坚实，预计将在二季度先于黄金开启反弹。 铜的"预期差"：PMI数据背后的真相 黄金：从"抛物线"到"宽幅震荡" "我们认为近期金价的走势，是典型的短期冲高回落反转，而非长期涨势的终结阶段。"摩根大通技术策略师Jason Hunter在报告中写道。 Hunter表示，技术图表显示，黄金价格在经历了抛物线式的上涨后，动能已出现明显的衰竭迹象。他预测，金价将在未来数周甚至数月内形成一个宽幅震荡 的"持有模式"（Holding pattern）。在此期间，5000美元关口及5100-5150美 ...

金属狂欢暂停，但舞曲未终。在这个"中场休息"阶段，盲目追高黄金可能面临数月的震荡折磨。相反，盯着制造业周期的复苏信号，在技术支撑位布局 基本金属，或许是捕捉下一轮上涨浪潮的最佳策略。 在经历了数月的单边上扬与狂热追逐后，全球金属市场似乎撞上了"天花板"。面对近期价格的剧烈波动，华尔街顶级投行摩根大通（J.P. Morgan）在2 月5日发布的技术策略报告中发出明确信号：金、银、铜等主要金属品种在未来几周都将进入"盘整期"。 然而，这并非牛市的终结。在摩根大通全球市场策略团队分析师Jason Hunter看来，当前的调整是长期上涨趋势中的必要休整。 Hunter表示，技术图表显示，黄金价格在经历了抛物线式的上涨后，动能已出现明显的衰竭迹象。他预测，金价将在未来数周甚至数月内形成一个宽幅 震荡的"持有模式"（Holding pattern）。在此期间，5000美元关口及5100-5150美元区域将构成沉重的阻力，限制金价的短期反弹空间。 尽管短期面临技术性回调，但支撑黄金牛市的核心逻辑——"货币贬值"（Debasement）主题依然完好。报告特别指出，美元指数（DXY）持续在100关 口下方运行，这是一个关键的长 ...

在经历了数月的单边上扬与狂热追逐后，全球金属市场似乎撞上了"天花板"。面对近期价格的剧烈波动，华尔街顶级投行摩根大通（J.P. Morgan）在2月5日发布的技术策略报告中发出明确信号：金、银、铜等主要金属品种在未来几周都将进入"盘整期"。 然而，这并非牛市的终结。在摩根大通全球市场策略团队分析师Jason Hunter看来，当前的调整是长期上涨趋势中的必要休整。 他表示，对于精明的交易者而言，关键的博弈点在于"分化"：相比于黄金典型的"冲高回落"形态，基本金属（尤其是铜）得益于全球制造业周期 的支撑，其基本面逻辑更为坚实，预计将在二季度先于黄金开启反弹。 黄金：从"抛物线"到"宽幅震荡" "我们认为近期金价的走势，是典型的短期冲高回落反转，而非长期涨势的终结阶段。"摩根大通技术策略师Jason Hunter在报告中写道。 Hunter表示，技术图表显示，黄金价格在经历了抛物线式的上涨后，动能已出现明显的衰竭迹象。他预测，金价将在未来数周甚至数月内形成一 个宽幅震荡的"持有模式"（Holding pattern）。在此期间，5000美元关口及5100-5150美元区域将构成沉重的阻力，限制金价的短期反弹空间。 ...

本周美国市场经历了罕见的跨资产类别剧烈波动，背后是对冲基金史无前例的大规模做空行动，随后在 周五演变为一场残酷的空头回补。 据高盛主经纪商数据，对冲基金本周对美国股票单日卖空规模创下2016年有记录以来最高水平，做空与 做多的比例高达2.5比1。这轮做空潮不仅席卷股票市场，还波及贵金属和加密货币，导致黄金和白银出 现数十年来最大跌幅，比特币遭遇自2022年11月以来的最大单日暴跌。 市场情绪在周四出现转折。高盛观察到机构投资者开始买入IGV（软件板块ETF），该基金周三份额增 加12%，为2023年以来最大单日增幅。这一信号预示着抛售可能见底。 周五市场随即上演空头回补行情，高盛最受做空股票篮子单日飙升8.8%，创下2022年以来第二大涨 幅。但据高盛分析，周五的回补仅消化了约20%的空头头寸，意味着进一步的轧空行情可能延续。 JPMorgan的持仓情报团队指出，本轮股票下跌和因子波动拖累了对冲基金回报，全球所有策略月内平 均下跌1.8%，其中股票多空策略下跌2.0%，多策略基金下跌2%至2.5%，量化策略在市场中性基础上下 跌1%。 周四出现关键买盘信号 市场情绪的转折点出现在周四。高盛ETF交易团队观察到 ...

Core Insights - JPMorgan Chase has been selected as the new issuer of the Apple Card, taking over from Goldman Sachs, marking a significant transition in Apple's consumer finance strategy [1][5] - Goldman Sachs' decision to step down is aimed at narrowing its business focus, while the implications for JPMorgan Chase remain uncertain [2][5] - JPMorgan Chase is the largest card issuer in the U.S. by total credit card purchase volume, indicating its capability to manage the Apple Card [6][9] Company Analysis - Goldman Sachs has historically functioned as an investment bank and struggled to establish itself in consumer banking, leading to its retreat from the Apple Card [4][5] - The Apple Card has over 12 million users, which, while not a significant addition to Chase's existing customer base of approximately 150 million cards, still presents opportunities for cross-selling [7][9] - The typical Apple Card user is aged 20 to 40, a demographic that represents about 70% of the user base, making them prime candidates for Chase's higher-end products [9] Financial Implications - The financial specifics of the deal between JPMorgan Chase and Apple regarding the Apple Card are not yet disclosed, making it difficult to assess the potential impact on Chase's financial performance [10] - The addition of new customers from the Apple Card is expected to provide numerous cross-selling opportunities, which could positively influence Chase's stock performance [10]

Group 1 - The financial institution JPMorgan is considered one of the best managed banks in the US, despite the author having sold their common shares last year [1] - The Investment Doctor emphasizes a portfolio should include a mix of dividend and growth stocks, focusing on high-quality small-cap ideas in Europe for capital gains and dividend income [1] - The investment group European Small Cap Ideas provides exclusive access to actionable research on European investment opportunities, featuring two model portfolios and weekly updates [1] Group 2 - There is a beneficial long position in the shares of JPM.PR.C, indicating ongoing interest in preferred shares [2] - The possibility of adding to the preferred share position or buying back common shares exists, but these actions are unlikely to occur within the next 72 hours [3]