JPMorgan spotlighted a fresh set of stocks, reflecting its analysts' top picks as May begins, including Carvana and L3Harris Technologies.
JPMorgan highlighted a group of stocks to kick off the new trading month, reflecting its analysts' top picks and some new favorites, including Carvana and L3Harris Technologies . The firm's focus list includes its top equity ideas targeted around growth, income, value and short strategies, according to a Monday note. Each of the stocks on the list have an overweight rating.
carrier reported second-quarter earnings that came out ahead of Wall Street's estimates. Other analysts agree. Jefferies recently upgraded the airline to buy from hold , hiking its price target by $11 to $65. Jefferies analyst Sheila Kahyaoglu pointed to United Airlines' investments in its product offering, specifically United Next , through which the company aims to introduce more than 800 aircraft to its fleet.
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