J.P. Morgan Picks 2 Stocks to Buy (and 1 to Sell) [Yahoo! Finance News]
NeoPhotonics Corporation (NPTN)
Last neophotonics corporation earnings: 4/30 04:05 pm
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Source: Yahoo! Finance News
Earnings season kicked off last week, and market watchers are preparing for the worst. The upcoming release of first quarter financial results is marred by historic levels of uncertainty, with worry looming over Wall Street as investors await a more detailed look at the extent of COVID-19’s impact on profits.JPMorgan quant guru Marko Kolanovic does offer a ray of hope: "Taking into account the unprecedented monetary and fiscal measures being implemented, as well as unprecedented asset declines over the past month, we maintain that asset price recovery is likely and our pre-pandemic equity price target for 2020 is achievable sometime in the first half of 2021.”Investors now have a deceptively simple question in front of them: what should I do? There is no simple answer, but the stock analysts from JPMorgan may be able to set you on the right track. There are stocks with compelling cases to buy – as well as to avoid. We’ve taken three JPM stock calls and used the databaseNeoPhotonics Co
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