I believe AI stocks are overhyped short term but underhyped long term. Here’s why.
The full post can be found here.
Beware of the AI hangover
May 11, 2024 at 13:13 PM EDT
Artificial Intelligence (AI) related stocks have been on an absolute tear. The Magnificent Seven, which is one proxy for AI plays, has beaten the S&P 500 for six consecutive quarters. But the degree of outperformance is decelerating. This looks like the early stages of an AI hangover.
I believe AI stocks are overhyped short term but underhyped long term. Here’s why.
The full post can be found here.
I believe AI stocks are overhyped short term but underhyped long term. Here’s why.
The full post can be found here.
