Analyst Yearbook 2026 Q&A with Our Teams

Research evidence excerpt

Analyst Yearbook 2026 Q&A with Our Teams

J P M O R G A N North America Equity Research

15 May 2026

Analyst Yearbook 2026

Q&A with Our Teams

In this note, our publishing analysts present their highest conviction views, showcase Head of North America Equity

their most impactful research from the past year, highlight areas of significant interest Research

within their coverage, and discuss anticipated long-term shifts in their sectors. Ken Goldman AC

(1-212) 622-0359

• Long-Term Thematic Investments: Our analysts highlight several long-term ken.goldman@jpmorgan.com

thematic investments: AI-driven productivity and adoption across sectors; data Head of North America Equity

center and electrification demand; supply chain resilience and reshoring; Research Product Management

energy transition and security; defense and strategic resources; and the

William Funke

growing importance of value-added services, innovation, and automation. (1-212) 622-2597

These themes are supported by government policy and capital commitments, william.c.funke@jpmorgan.com

and are seen as durable across market cycles, with AI and technology adoption J.P. Morgan Securities LLC

highlighted as the dominant drivers of market returns and transformation

across industries.

• Common Traits of High Conviction Views: Our analysts focus on

identifying companies and sectors with long-term value creation potential,

anchored by strong market positions, robust growth prospects, attractive

valuations, and strategic advantages. High conviction views are often

supported by clear catalysts for earnings or re-rating, strong or improving

fundamentals, exposure to secular growth drivers (such as AI or

electrification), differentiated business models or innovation, management

execution, and attractive valuations.