JPMorgan's best stock ideas heading into May
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JPMorgan has an updated list of top ideas from analysts as the new trading month kicks off. April was a strong month for Wall Street as all three of the major indexes ended higher. The S & P 500 and Nasdaq Composite also recorded their biggest monthly gains since 2020. Each month, analysts at JPMorgan compile their top plays tied to one of the following investment themes: growth, income, value and shorts. The bank added digital banking solutions company Q2 Holdings this month, while removing Alkami and Huntington Bancshares . Here's 10 on the list: Q2 shares have tumbled nearly 30% in 2026, building on last year's slide of more than 28%. But Wall Street predicts a rebound on the horizon: The average analyst polled by LSEG has a buy rating, and consensus price targets suggesting more than 47% in upside. The financial technology company reported on Wednesday first-quarter adjusted EBITDA and revenue that exceeded analyst expectations, according to FactSet. Q2 also gave stronger-than-anticipated guidance for adjusted EBITDA in the current quarter and full year. Caterpillar is another name on the list. Shares surged almost 10% on Thursday alone after the manufacturing equipment maker beat the Street's expectations on both lines for the first quarter. With that gain, the Dow Industrials component is up more than 55% in 2026 — on track for its eighth straight winning year. While half of the analysts polled by LSEG have a buy or strong buy rating, the average price target implies a pullback of more than 12% over the next year. CAT YTD mountain Caterpillar in 2026 Budget retailer Dollar Tree also has a spot on JPMorgan's list. The stock has dropped 23% so far this year, reversing course after a climb of just over 64% in 2025. The typical analyst's price target implies a rebound of 30% over the next 12 months, according to LSEG. Still, the majority of analysts have a hold rating.