J.P. Morgan: Bullish on payment and fintech companies in 2026 with pricing power, strong incremental profit margins, and new business growth momentum.

JPMorgan is optimistic about the stocks of payment and financial technology companies in 2026 that have pricing power, strong incremental profit margins, and new business growth momentum. JPMorgan said, "2026 will be a year to verify execution capabilities and increase investment in new initiatives and technologies, so there are many possibilities for improvement, but also the potential for many disappointments." The bank stated that the best investment targets are payment networks like Mastercard, Visa, etc., while PayPal faces the greatest performance pressure.