JPMorgan Adds New Stocks to Its October Favorites List

BeInCrypto2026/10/05 06:51

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JPMorgan has added new names to its October list of favorite stock ideas, including American Express, Liberty Energy and Thermo Fisher Scientific. Each carries an overweight rating from the banks analysts. The refresh lands after a split September on Wall Street. The Dow Jones Industrial Average lost 4.3%, the SP 500 slipped 0.5%, and the Nasdaq Composite gained 1.9%. October Arrives With a Friendlier Track Record September has long been the weakest month for US stocks, as BeInCrypto noted at the start of the month. Barchart data show SPDR SP 500 ETF total returns averaging 2.27% in October since 2010. That ranks third among all 12 months, behind November at 3.09% and July at 2.79%. September averaged a 0.48% loss over the same stretch. Meanwhile, the third quarter closed with the Dow down 3%. The SP 500 and the Nasdaq each advanced at least 2% over the period. Why Do JPMorgans October Stock Picks Include a Falling Card Issuer? JPMorgan sorts its overweight-rated stocks into growth, income, value, and short strategies. American Express is one of five new names and sits in the value group. The stock closed at $302.78 on October 2, down 18.16% year to date, Google Finance data shows. American Express Stock Performance. Source: Google Finance Doubts over consumer spending and volatile credit rates have weighed on the shares. Analyst Richard Shane still backs the stock. AXP remains a core holding for investors looking for industry leading high returns and disciplined return of capital (dividend plus repurchases 3% of shares year after year), he stated. Can AI Demand Keep Carrying Stocks That Already Rallied? Liberty Energy, a growth pick, has climbed 52% over the past year. Its Liberty Power Innovations unit builds on-site generation for large power users. In January, the unit agreed to supply up to 1 gigawatt of power for Vantage Data Centers within 5 years. Analyst Arun Jayaram expects tight power supply to keep that demand going. We are seeing a reinforced structurally tight behind-the-meter power backdrop tied to data center load growth, with a power deficit expected to persist into 2030, which supports a multi-year demand runway for distributed generation providers, Jayaram said in a note to clients. Thermo Fisher, the second named growth pick, closed at $654.80 on October 2, up 13% year to date. Its shares have gained more than 25% over the past 3 months. In September, Mayo Clinic launched Precure, an early disease detection venture, with Thermo Fisher as founding partner. Analyst Casey Woodring sees further gains from wider AI adoption and US biopharma reshoring.

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ADS agreed to buy StormTrap Investments from PSP Capital for about $530 million, or about $450 million adjusted for expected tax benefits. Deal expands ADS into large-volume, space-constrained stormwater storage and treatment systems, strengthening its offering in commercial and infrastructure projects. StormTrap posted about $165 million revenue, about $40 million adjusted EBITDA for the 12 months ended July 2026. Net valuation implies about 10x adjusted EBITDA, including expected run-rate cost synergies; funding set from cash and existing credit lines. Closing targeted for the fourth quarter of calendar 2026, subject to customary closing conditions and required regulatory approvals. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ADS - Advanced Drainage Systems Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610050645BIZWIRE_USPR_____20261005_BW997833) on October 05, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/05 10:45

Mizuho raises BP target price to $56

格隆汇•2026/10/05 10:44

BUZZ—US Stock Market Trends: Estée Lauder, PTC, Vaxcyte

Search string for checking individual stock movements in the workspace: STXBZ "Today's Outlook" bulletin: https://refini.tv/3LI4BU7 "Morning News Brief": https://refini.tv/3dKUyB8 Reuters, October 5 - On Monday, U.S. stock index futures edged lower as technology stocks pulled back after reaching historic highs. With Treasury yields and oil prices still elevated, investors are seeking new clues about the direction of monetary policy. .N ** Vaxcyte PCVX.O: Market spotlight—Vaxcyte's stock surged after successful late-stage clinical trials for its pneumococcal vaccine nL4N45R0K0 ** Estée Lauder EL.N: Highlight—Barclays has upgraded Estée Lauder to "overweight," sending the stock higher nL6N45R0HX ** PTC PTC.O: Market news—Schneider Electric agreed to acquire PTC for $22.6 billions, driving the stock up nL6N45R0HV (Note: For convenience, Reuters provides automated translations of its reports into several other languages for non-English speakers. Automated translations may contain errors or lack necessary context, so Reuters does not guarantee their accuracy. They are provided solely for readers' convenience. Reuters assumes no liability for any damages or losses resulting from the use of automated translation tools.)

路透社•2026/10/05 10:42

BUZZ - Broker perspectives: Schneider - The rationale for PTC trading is "clear," but AI, integration, and financing pressures are imminent

October 5th - Schneider Electric (SCHN.PA) will acquire US software company PTC (PTC.O) for $22.6 billions, marking the company’s largest deal ever and signifying its further commitment to the industrial artificial intelligence sector. The announcement of the deal, which includes raising substantial equity and debt financing, led to a roughly 9% drop in Schneider’s share price; however, analysts generally recognized the logic behind this move amid AI anxieties and execution risks. Jefferies analysts noted there is a “very clear” strategic rationale, as it fills one of the remaining gaps in Schneider’s software portfolio. JPMorgan pointed out that this “complementary” fit should also help ease antitrust scrutiny. Baird added that, among all bidders, Schneider Electric’s industrial rationale is the strongest. However, both Jefferies and RBC highlighted the industry’s concerns about disruption from artificial intelligence—concerns that allowed Schneider to acquire PTC at its lowest valuation in a decade—which could potentially affect the French company’s share price post-deal. RBC added that the significant debt needed to finance the transaction may reignite worries over Schneider’s longstanding spending issues. JPMorgan noted the complexity of the integration process, pointing out that large-scale M&A typically receives a lukewarm response in Europe, “even though Schneider Electric’s deals have generally proven to be strategically farsighted.” (For readers who are not native English speakers, Reuters has provided automated translation of its reports in several languages for convenience. As automated translation may contain errors or fail to convey full context, Reuters does not guarantee the accuracy of such automated texts and accepts no responsibility for any damages or losses resulting from their use.)

路透社•2026/10/05 10:41