The severity of the pullback in software stocks in recent days, driven by fears ​of advances in artificial intelligence disrupting the industry, has created opportunities for ‌investors to position for a rebound in higher-quality stocks, strategists at JP Morgan said. "The market is ‌pricing in worst-case AI disruption scenarios that are unlikely to materialize over the next three to six months," JPMorgan strategists, led by Dubravko Lakos-Bujas, said in a note on Tuesday. "Given the positioning flush, overly bearish outlook on AI disruption of ⁠software and solid fundamentals, we ‌believe the balance of risks is increasingly skewed towards a rebound, especially in higher quality software segments," the strategists wrote.