JPMorgan's Kolanovic says the market is now 'getting cheap,' favors economic recovery stocks

JPMorgan's Marko Kolanovic told CNBC on Wednesday he feels the stock market's recent declines are "overdone a little bit," creating opportunities for investors. "I think market is now actually getting cheap, in some sense," the firm's chief global markets strategist said on "Halftime Report." He added, "I think we're at the end of this upset. I think the market is going to go higher here. That said, we do still again prefer reflationary themes."