JPMorgan Chase Now Bearish on Tesla, Circle, Rivian, Snapchat and Four Other Stocks As S&P 500 Trades at All-Time Highs: Report – The Daily Hodl
Financial services titan JPMorgan Chase is suddenly turning bearish on the stocks of popular tech and restaurant companies as the S&P 500 hits record highs. JPMorgan analysts say several big-named stocks appear overvalued and may be smart shorting plays for investors, reports Barron’s. JPMorgan analyst Ryan Brinkman says Tesla (TSLA) currently has a “sky-high valuation”…