JPMorgan’s top stock picks as April kicks off

As April 2025 unfolds, JPMorgan has spotlighted several stocks poised for potential growth amid evolving market dynamics. Their selections encompass a diverse range of sectors, reflecting strategic insights into current economic trends and future projections.​

1. ConocoPhillips (COP)

JPMorgan identifies ConocoPhillips as a compelling investment within the energy sector. Following its substantial acquisition of Marathon Oil for $22.5 billion, ConocoPhillips has enhanced its portfolio, particularly in the Bakken and Eagle Ford regions. This expansion positions the company to accelerate growth and capitalize on increased energy demand. JPMorgan has set a price target of $123 for ConocoPhillips, indicating confidence in its upward trajectory. ​

2. Digital Realty Trust (DLR)

In the realm of data infrastructure, Digital Realty Trust stands out as a leader in owning and operating carrier-neutral data centers globally. The company's PlatformDIGITAL offers customers a secure meeting place for data exchange, addressing challenges associated with data gravity. With plans to expand its AI-ready infrastructure capacity in Japan by December 2025, Digital Realty Trust demonstrates a commitment to growth and innovation. JPMorgan has set a target price of $185 for this stock. ​

3. Vistra Energy (VST)

Vistra Energy, a utility-scale energy company, has garnered attention for its commitment to zero-carbon power production. With a diverse portfolio that includes gas, coal, nuclear, and solar generation capacities, Vistra is expanding its nuclear power capacity and enhancing grid reliability through increased natural gas-fueled power production. JPMorgan analysts, led by Jeremy Tonet, have set a price target of $178, suggesting a 28.5% potential gain in the year ahead. ​

4. EverQuote (EVER)

As an online insurance marketplace, EverQuote connects insurance providers with buyers through its intuitive platform. The company's unique business model has led to significant revenue growth, surpassing $287.92 million in 2023. JPMorgan recognizes EverQuote's expanding market share and has assigned a Strong Buy consensus rating, with shares trading at $14.50 and an average price target of $17.50, implying a potential one-year gain of nearly 21%. ​

5. 3M Company (MMM)

A stalwart in the industrial sector, 3M Company offers a diverse product portfolio ranging from office supplies to industrial abrasives. The company's consistent dividend payments over the past century underscore its financial stability. JPMorgan analyst Stephen Tusa highlights 3M as a top value play with unique upside potential, citing expectations of over 10% EPS growth and significant opportunities for productivity improvements. ​

6. Amazon.com (AMZN) and Apple Inc. (AAPL)

JPMorgan's Long-Term Capital Market Assumptions for 2025 also highlight Amazon and Apple as top picks. Both companies are recognized for their strong management teams, innovative products, and strategic acquisitions. Despite recent stock price dips, JPMorgan views these as buying opportunities, given the companies' solid fundamentals and growth prospects. ​

Investors should consider these insights in the context of their individual financial goals and risk tolerance. As always, thorough research and consultation with financial advisors are recommended before making investment decisions.