JPMorgan Sees Buying Opportunity in AI Supply Chain After Selloff

Cointime reports: JPMorgan global markets strategist Dubravko recommends going long stocks that have performed strongly over the past 12 months and shorting those that rallied over the past three months, effectively betting tech will outperform energy and defensive sectors. In a November 9 report, he said the upstream AI supply chain offers an attractive entry point after a concentrated selloff, while large cloud service providers have limited near-term upside but should benefit mid-term from tighter compute supply, better pricing power, margins and cash flow.