CNBC Pro

JPMorgan's Kolanovic, who called 2020 turnaround, says buy this dip, overall market is not in a bubble

Marko Kolanovic
Crystal Mercedes | CNBC

Investors should use Wednesday's broad pullback in the market to buy more stocks, according to a widely followed stock strategist.

Marko Kolanovic, the JPMorgan's head of macro quantitative and derivatives strategy, said in a note to clients on Tuesday that the broader stock market was still set to move higher and was not in a bubble overall, even if some segments look speculative.

More In Pro Insight

Fund manager reveals two ways to play market volatility and two global stocks to scoop up
CNBC ProFund manager reveals two ways to play market volatility and two global stocks to scoop up
Oil and gas are making a comeback — and these mutual funds are jumping on the trend, says Morningstar
CNBC ProOil and gas are making a comeback — and these mutual funds are jumping on the trend, says Morningstar
Analyst says this FAANG stock is an evergreen winner — and investors should buy the dip
CNBC ProAnalyst says this FAANG stock is an evergreen winner — and investors should buy the dip