What is JPMorgan's S&P 500 target?

JPMorgan expects the S&P 500 to reach 9,000 by mid-2027, a gain of about 20% from current levels.

Why does JPMorgan recommend Broadcom?

Analysts see Broadcom benefiting from rising demand for semiconductors used in AI and data centers.

Is this a buy or sell recommendation?

This is a Strong Buy recommendation from JPMorgan for both stocks.

JPMorgan Names 2 Strong Buy Picks for H2 2026

JPMorgan recommends Broadcom (AVGO) and JPMorgan (JPM) as Strong Buy picks for the remainder of 2026, backed by a bullish S&P 500 target of 9,000 by mid-2027, implying a 20% upside.

July 3, 2026

2 min read

Source: TheStreet

Key Numbers

sp500 target

9,000

sp500 gain pct

20%

JPMorgan (JPM) has named two stocks as Strong Buy picks for the second half of 2026: Broadcom (AVGO) and JPMorgan itself (JPM). The recommendation comes as the bank's global investment strategist, Kriti Gupta, forecasts the S&P 500 could reach 9,000 by mid-2027, representing a roughly 20% gain from current levels.

Rating Change

No prior ratings were disclosed for these stocks, but the bank now sees them as top opportunities for the remainder of 2026.

Analyst Rationale

JPMorgan analysts believe Broadcom (AVGO) benefits from rising demand for semiconductors used in AI and data centers, boosting its revenue growth prospects. JPMorgan (JPM) is seen as a strong player in financials, with higher interest rates expected to support its profit margins.

Context

The picks align with a positive market outlook for U.S. equities in 2026. The S&P 500 target of 9,000 reflects confidence in economic strength and corporate earnings.

What to Make of It

JPMorgan's Strong Buy recommendations for AVGO and JPM offer a bullish view, but investors should conduct their own research and consider risks before investing.

Frequently Asked Questions

JPMorgan recommended Broadcom (AVGO) and JPMorgan (JPM) as Strong Buy picks for the second half of 2026.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.