Latest / Durham News Today | 2 Min News | The Daily News Now!
JPMorgan Eyes Broadcom and NetEase for 2025 | Durham News
JPMorgan’s strategists are bullish, predicting the S&P 500 could hit 9,000 by mid-next year—and they’re spotlighting Broadcom and NetEase as top picks. Broadcom’s AI backlog is exploding, fueled by big deals with Google and Meta, despite recent dips and insider selling. NetEase, meanwhile, is seen as undervalued with strong earnings growth and a new Hong Kong listing poised to unlock mainland Chinese investor interest. Both stocks have strong buy ratings, but JPMorgan is more optimistic than the market on their targets. Investors should watch if Broadcom can convert its massive AI backlog…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.