JPMorgan analyst Doug Anmuth believes that the AI theme will continue to "drive continued outperformance in Quality Growth, Momentum, & Mag 7 stocks."
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Alphabet and Allstate are among the firm's top ideas for a year in which AI will continue to drive the market.
JPMorgan added artificial intelligence beneficiaries and a food distributor to its favorite stocks list in April.
Things may be turning around for one of the most beaten-down parts of the stock market.
JPMorgan sees shares rising 69% from here.
JPMorgan offers up key technical levels it's watching on the biggest artificial intelligence stocks in the market.
As the first quarter kicks off, JPMorgan is bearish on names such as Bumble and Fortinet.
