JPMorgan names 3 stocks worth buying ahead of August earnings
JPMorgan has named three stocks it considers worth buying ahead of August earnings. The recommendation comes amid oil-price volatility linked to Iran tensions, the ongoing earnings season, and the Fed, under new chairman Kevin Warsh, holding benchmark interest rates steady.
Why it matters — The broader market backdrop in which JPMorgan's picks were made could influence sentiment and trading conditions for pharmaceutical stocks like Eli Lilly, though LLY is not specifically mentioned in the item.