Investing.com -- JPMorgan said a recent selloff in clean energy and power infrastructure stocks has created attractive entry points ahead of second-quarter earnings, arguing that demand trends tied to data centers, industrial electrification and U.S. manufacturing remain intact despite recent market volatility.

JPMorgan named GE Vernova, Innio, SOLV Energy and Nextpower as its top picks into earnings. It said baseload power technologies remain the strongest investment theme as surging electricity demand from artificial intelligence data centers drives long-term growth in power infrastructure. The bank expects expanding backlogs for gas turbines, generators, BESS and geothermal projects through the remainder of the year.

The brokerage expects generally positive quarterly updates across gas turbines, reciprocating engines, fuel cells, battery energy storage systems (BESS), geothermal and utility-scale solar. While the sector has outperformed the broader market year-to-date, it has fallen 14% over the past two months, which JPMorgan believes offers an opportunity to add exposure given continued order momentum and growing project pipelines.

JPMorgan said recent reports of data center project delays appear largely project-specific and do not alter the long-term demand outlook, although political debate ahead of the U.S. midterm elections could create near-term volatility. It added that utility-scale solar and storage remain its preferred renewable energy segments, while the recovery in the U.S. residential solar market is likely to be gradual rather than sharp.

It also expects consolidation across the renewable energy sector as larger, well-capitalized developers and engineering firms gain market share on increasingly complex projects. However, it cautioned that uncertainty surrounding U.S. polysilicon tariffs, foreign entity of concern (FEOC) rules and permitting requirements continues to weigh on parts of the solar industry, though greater policy clarity later this year could improve financing conditions and support new investment.