Last August, Jay Feeney, lead man­ager of Robeco Boston Partners Long/Short Research (BPRRX), recommended two undervalued stocks with the potential to outperform the broad market. Here is how his recommendations fared:

JPMorgan Chase (NYSE: JPM) has over $2 trillion in assets and is the largest US bank by capitalization at $128.9 billion. In April, the company reported that revenue grew 6 percent year over year in the first quarter of 2012. However, JPMorgan’s net in­come fell 3.5 percent to $5.4 billion.

In May, JPMorgan announced it had lost $2 billion in a derivatives bet by a trader that Wall Street insiders had colorfully dubbed the “London Whale.” Since then, the firm’s losses from the purported hedge have ex­panded to an estimated $9 billion, as the trade is slowly unwound.

Shares of JPMorgan Chase have dropped 13.6 percent since last year.

Enterprise network storage spe­cialist EMC Corp (NYSE: EMC) is at the forefront of the cloud computing revolution.

In 2011, the firm’s revenue sur­passed $20 billion, and profits grew 24 percent from the prior year to $3.3 billion. So far this year, the company has continued to generate double-digit sales growth. In the first quar­ter of 2012, revenue grew 11 per­cent to $5 billion from a year ago, while earnings jumped 17 percent to $817.9 million.

EMC has also expanded its market share at the expense of chief compet­itor NetApp (NSDQ: NTAP), which is expected to produce flat numbers this year.