Latest news with #WolfeResearch
Yahoo
a day ago
- Business
- Yahoo
JPMorgan Emerges Strong Amid Market Swings, Says Wolfe Research
JPMorgan Chase & Co. (NYSE:JPM) is one of Best Dividend Stocks to Buy for Dependable Growth. According to Wolfe Research, investors should consider JPM amid volatility. The stock has surged by over 12% since the start of 2025, outperforming the broader market by a wide margin. A group of business people discussing plans around a boardroom table adorned with a financial services company logo. With markets remaining unsettled due to evolving trade policies and geopolitical tensions, Wolfe Research is focusing on companies with a long-standing habit of buying back their own shares as a way to weather the volatility, and JPMorgan Chase & Co. (NYSE:JPM) made the cut. Wolfe's 'consistent buyback' list highlights firms that have reduced their share count for at least 10 consecutive years. According to Chief Investment Strategist Chris Senyek, this group of stocks tends to perform well during defensive market phases and around periods of economic downturn. According to the firm, JPMorgan Chase & Co. (NYSE:JPM) kicked off 2025 by increasing its share repurchases, despite CEO Jamie Dimon expressing caution at the bank's 2024 investor day, when he felt the stock was somewhat overvalued. However, with JPM sitting on a growing cash reserve, the buybacks moved forward. Wolfe's data indicates the bank's buyback-to-market-cap ratio stands at 4%. So far in 2025, JPMorgan stock has seen steady performance, and about 56% of analysts tracked by FactSet have rated it a 'Buy,' with the average price target suggesting a roughly 3% potential upside. JPM is also a solid dividend payer, currently offering a quarterly dividend of $1.40 per share for a dividend yield of 2.08%, as of June 17. JPMorgan Chase & Co. (NYSE:JPM) is a leading provider of investment banking, commercial banking, asset management, and financial transaction services. The firm serves millions of customers across the U.S., along with major corporate, institutional, and government clients around the world. 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: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Comstock Resources upgraded to Outperform from Peer Perform at Wolfe Research
Wolfe Research upgraded Comstock Resources (CRK) to Outperform from Peer Perform with a $34 price target Wolfe sees Comstock's investment case evolving from a distributable cash flow valuation where the multiple is the output, to a resource-based valuation reflecting a drilling backlog being derisked by ongoing well tests, previously overlooked by industry, the analyst tells investors in a research note. Comstock is primed to benefit from the firm's base case that sees elevated gas prices over the next 18 months, Wolfe adds. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on CRK: Disclaimer & DisclosureReport an Issue Comstock Resources upgraded to Outperform from Peer Perform at Wolfe Research Comstock Resources price target raised to $27 from $22 at Citi Comstock Resources Approves Key Proposals at Annual Meeting Comstock Resources price target raised to $27 from $25 at BofA Comstock Resources price target raised to $12 from $6 at Piper Sandler Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
JPMorgan Emerges Strong Amid Market Swings, Says Wolfe Research
JPMorgan Chase & Co. (NYSE:JPM) is one of Best Dividend Stocks to Buy for Dependable Growth. According to Wolfe Research, investors should consider JPM amid volatility. The stock has surged by over 12% since the start of 2025, outperforming the broader market by a wide margin. A group of business people discussing plans around a boardroom table adorned with a financial services company logo. With markets remaining unsettled due to evolving trade policies and geopolitical tensions, Wolfe Research is focusing on companies with a long-standing habit of buying back their own shares as a way to weather the volatility, and JPMorgan Chase & Co. (NYSE:JPM) made the cut. Wolfe's 'consistent buyback' list highlights firms that have reduced their share count for at least 10 consecutive years. According to Chief Investment Strategist Chris Senyek, this group of stocks tends to perform well during defensive market phases and around periods of economic downturn. According to the firm, JPMorgan Chase & Co. (NYSE:JPM) kicked off 2025 by increasing its share repurchases, despite CEO Jamie Dimon expressing caution at the bank's 2024 investor day, when he felt the stock was somewhat overvalued. However, with JPM sitting on a growing cash reserve, the buybacks moved forward. Wolfe's data indicates the bank's buyback-to-market-cap ratio stands at 4%. So far in 2025, JPMorgan stock has seen steady performance, and about 56% of analysts tracked by FactSet have rated it a 'Buy,' with the average price target suggesting a roughly 3% potential upside. JPM is also a solid dividend payer, currently offering a quarterly dividend of $1.40 per share for a dividend yield of 2.08%, as of June 17. JPMorgan Chase & Co. (NYSE:JPM) is a leading provider of investment banking, commercial banking, asset management, and financial transaction services. The firm serves millions of customers across the U.S., along with major corporate, institutional, and government clients around the world. 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: and Disclosure. None.
Yahoo
3 days ago
- Business
- Yahoo
Wolfe Research Lowers Analog Devices (ADI) Price Target, Keeps Outperform Rating
Analog Devices, Inc. (NASDAQ:ADI) is one of the 10 Best American Semiconductor Stocks to Buy Now. On May 22, Wolfe Research reduced its price target for Analog Devices, Inc. (NASDAQ:ADI) from $295 to $280 but kept an 'Outperform' rating. The firm's analyst, Chris Caso, explained that the reduced price target is based on a valuation of about 28 times Analog Devices, Inc.'s (NASDAQ:ADI) expected EPS of around $10. This is a slight increase from the company's historical average multiple of 27 times. A technician working on power management in a semiconductor factory. Wolfe Research continues to have a positive outlook for Analog Devices, Inc. (NASDAQ:ADI) despite the reduced price target. Following the company's fiscal second quarter 2025 financial results, the analyst slightly increased the EPS forecast for the 2026 fiscal year to $9.15 per share. The forecast for calendar year 2026 is $9.60 per share, which is close to the firm's long-standing expectation that Analog Devices, Inc. (NASDAQ:ADI) can reach $10 EPS. Caso noted that Analog Devices, Inc. (NASDAQ:ADI) is trading at about 22 times its expected earnings power, which is seen as reasonable. However, for the stock price to grow steadily, the company will need to show a higher earnings power. Analog Devices, Inc. (NASDAQ:ADI) is an American multinational semiconductor company that focuses on data conversion, signal processing, and power management technologies. While we acknowledge the potential of ADI 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: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Wolfe stays defensive but sees AI spending supporting growth stocks
-- Wolfe Research maintained a defensive investment stance amid economic uncertainty, but continues to back growth stocks with exposure to artificial intelligence. In a note, the firm said it expects interest rates to remain unchanged but warned markets may be too relaxed about inflation. 'Our sense is there could be a potential risk of the Fed cutting interest rates 0 times this year,' analysts at Wolfe wrote, citing lingering inflationary risks in the second half of 2025 despite recent soft readings. Nevertheless, the firm does not anticipate a recession in 2025. 'We do not see a recession this year based on continued spending from the U.S. consumer,' the analysts said, pointing to the resilience of both high-income households, supported by the wealth effect, and lower-income households, which may benefit from the OBBB. In this environment, Wolfe's U.S. Market Cycle Framework continues to signal a 'late cycle' backdrop. The firm recommends investors maintain exposure to defensive sectors like consumer staples and utilities. However, it also sees promise in secular growth sectors—particularly technology and discretionary—due to their link to artificial intelligence. 'We'd remain defensively positioned (Staples, Utilities), while also favoring secular growth areas of the market (Tech, Discretionary) given their exposure to the AI Spending narrative,' the note said. Related articles Wolfe stays defensive but sees AI spending supporting growth stocks Sina: Liu vows innovation after 'five-year decline,' targets travel Goldman upgrades Chinese EV makers XPeng and Nio on cost cuts, product improvement
