Why This AI Bull Is Nothing Like the NASDAQ in 2000

620 Views12 Feb 2024 08:30
SUMMARY
  • We believe the current AI-driven rally has a long way to run. Market mania tops are characterized by excessive froth, which is not in evidence today.
  • In the short run, price momentum in technology stocks is faltering, and these stocks can pull back at any time.
  • We would regard any pullback in these stocks as a buying opportunity.
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