Top JPMorgan strategist Kolanovic says it's too early to ditch reopening stocks

An image of Carnival Splendor cruise ship at the Overseas Passenger Terminal in Circular Quay on March 22, 2020 in Sydney, Australia.
Izhar Kahn | NurPhoto | Getty Images

It is "far too early" to abandon the reopening trades that led the S&P 500 higher in the first half of 2021, according to one of JPMorgan's top market strategists.