Barclays Plc strategists suggest that any pullback in AI-related stocks could be an opportunity to buy as valuations are still reasonable despite their significant gains this year. The expanding AI economy could help the primary beneficiaries grow into their valuations over the longer term. The strategists’ belief comes in contrast to growing concerns that the AI frenzy has run too hot. However, the strategists said that this time it is unlikely the outlook will be the same as leadership is concentrated in profitable businesses, rather than speculative ones. The US stock outperformance carries a high price tag, and diversification into international equities is warranted. Last year, Emmanuel Cau correctly predicted a short-term bounce in equities on the back of defensive positioning.
Buy AI Stocks on Any Pullback in Rally, Say Barclays Strategists
Date:
Frequently Asked Questions (FAQs) Related to the Above News
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
More like thisRelated
Samsung Unpacked Event Teases Exciting AI Features for Galaxy Z Fold 6 and More
Discover the latest AI features for Galaxy Z Fold 6 and more at Samsung's Unpacked event on July 10. Stay tuned for exciting updates!
Revolutionizing Ophthalmology: Quantum Computing’s Impact on Eye Health
Explore how quantum computing is changing ophthalmology with faster information processing and better treatment options.
Are You Missing Out on Nvidia? You May Already Be a Millionaire!
Don't miss out on Nvidia's AI stock potential - could turn $25,000 into $1 million! Dive into tech investments for huge returns!
Revolutionizing Business Growth Through AI & Machine Learning
Revolutionize your business growth with AI & Machine Learning. Learn six ways to use ML in your startup and drive success.