Markets are hitting new highs as tech Q2 earnings season approaches, reflecting resilience after recent volatility. JPMorgan strategist Jordan Jackson sees potential for tech earnings and overall market growth in the next 12 months, with specific Buy-rated picks to outperform. Hewlett Packard Enterprise (HPE) stands out for its innovation in AI and cloud computing, recent merger with Juniper Networks, and positive financial results.

California Resources Corporation (CRC), an energy company focused on California oil and gas production, shows strong production numbers and revenue growth. JPM analyst Zach Parham sees value in CRC’s potential for growth, particularly if drilling permit approvals resume in California. His positive outlook is reflected in an Overweight rating and a price target indicating a 26% gain by next year. Both HPE and CRC have garnered positive ratings from analysts, with strong upside potential in the coming months.

Read more at Yahoo Finance: J.P. Morgan Doubles Down on These 2 Stocks