5 Top Stock Picks from JPMorgan for 2014
The year is coming to a close, and to investors that could mean the end of a historic rally. The S&P 500 has climbed 29 percent this year through December 30, the Dow Jones Industrial Average is up about 26 percent over the same period, and the Nasdaq is up an incredible 37.5 percent. Long story short, it’s been a good year for equity investors.
But what’s next? It doesn’t seem reasonable to expect the rally to continue at its current pace. Barring enormous underlying economic growth, such a rally would truly yield the bubble that many fear is already inflating. And given the current state of affairs, tremendous improvement in the economy seems unlikely.
Modest improvements, though, are in the forecast. Most market watchers are expecting positive movement for the markets over the course of 2014, even though many expect some sort of shorter-run correction. The trick for investors, as always, is trying to find stocks that will weather the storm.
Analysts at JPMorgan Chase (NYSE:JPM) have produced a list of some of the stocks they think could be a winner in the coming year. Here’s a survey of the picks from the report, which was seen by 24/7 Wall Street.