Supply chain bottlenecks have plagued companies and investors, but JPMorgan sees an end in sight to the disruptions. The Wall Street firm said it's a good time to buy the overall market and certain supply chain stocks.
"Global supply chain pressures are easing — if this persists S&P 500 should continue to deliver strong revenue growth and record margins," said Dubravko Lakos-Bujas, JPMorgan's chief U.S. equity strategist and global head of quantitative research.
JPMorgan recommends investors buy the S&P 500, which it sees topping 5,000 by the middle of next year, or several supply chain stocks where corporate sentiment is favorable.
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JPMorgan says supply chain pressures are easing, time to buy the S&P 500 and these stocks
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