J.P. Morgan: AI Fear Overblown, Time to Invest in Software Stocks

• J.P. Morgan believes market fear regarding AI is excessive, despite investor confidence wavering in software shares.
• The global brokerage firm suggests investors can gradually increase investments in strong, large software companies.
• A significant decline in software stocks followed Anthropic's new AI tool, impacting the S&P Composite 1500 Software Index.
• J.P. Morgan identifies Microsoft and CrowdStrike Holdings as companies that can benefit from AI, citing long-term contracts and high switching costs.
• The bank provided a list of software stocks for investors to consider, including Microsoft, CrowdStrike, and Palo Alto Networks.