In this episode of Stocks In Translation, Yahoo Finance's markets and data editor Jared Blikre, along with Yahoo Finance producer Sydnee Fried, sits down with Abby Yoder, JPMorgan Private Bank US Equity Strategist to discuss opportunities in large cap stocks, including healthcare, industrials, and AI.

Yoder points out that the S&P 500 has hit 41 new all-time highs in the past year. In the year ahead, she says strategists are debating where they can see the upside. "Are you going to see it from an earnings standpoint, or are you going to see it from a multiples standpoint?"

Defining earnings versus multiples, she says, "So the way that you get to an index target, so a price for the S&P 500, is gonna be based on what your earnings outlook is. So a dollar amount. And then what your multiple is... essentially what price are you willing to pay for those earnings."

In terms of investing in infrastructure, she's most interested in the aerospace and defense sectors. She also discussed investing in AI, stressing that it's important to think about who is actually going to pay money for AI and how companies will use it outside of the tech sector. "How do they monetize that? How do they use that? And is it the best spend for them? Is it going to be productive?"

Find more episodes of Stocks in Translation here.

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.

Yahoo Finance's Stocks In Translation is hosted by Jared Blikre and produced by John Tejada.

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