If you've missed the AI boom, pay close attention.
August 02, 2024 | Read Online | | | | Market insight: | Greetings. Tech-heavy Nasdaq in correction as equity selloff deepens. LPL Financial chief technical strategist Adam Turnquist said today: | ″[The Nasdaq] was very overbought coming into July, same thing with semiconductors. And a lot of that AI enthusiasm hasn't really had a reality check at this stage," he said, adding that "it's not the end of the AI story." | So what's next for AI? Marc Chaikin shares his insight … | A message from Chaiken Analytics |
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| AI's Secret Boom — Do You Own (SMCI)? |
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| | If you've missed the AI boom, pay close attention. | There's an entire class of little-known AI companies that are still incredibly cheap today, which could make you multiple times your money. | Nvidia is an old story. I recommended that stock in 2014, before it rose 19,135%. | But today, after a historic AI meltup, I urge you to do something much different - as I've said many times during my appearances on CNBC Mad Money. | In short, there's a much better way to play the AI boom. | For example, you could've booked a 426% gain in just the past 5 months after our work pointed to AI stock Super Micro Computer (SMCI) as a buy. | Ignore me, if you want. Gamble on Nvidia, like everyone else. | But after 50 years on Wall Street, I see a flurry of lesser-known AI stocks today - all lighting up as a buy at once. It's the closest you can get to buying Nvidia back in 2014, when I first found it. | I'm posting the full details (including a free recommendation), here. | Regards,
Marc Chaikin | Predicted 2024 melt-up 9 days into the New Year | Predicted 2020 and 2022 crashes | Predicted 2023 Bank Run | System pointed to 9 best stocks of 2023 | System pointed to 10 best stocks of 2022 | Warned about 21 stocks that crashed up to 81% | Frequent CNBC guest | Founder, Chaikin Analytics | P.S. See our new AI briefing here. |
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