We expect AI stocks will get even hotter in the coming weeks...͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
| |  | | July 11, 2024 | | Alert Dear Leah, Here we go!
As widely expected, this morning’s June Consumer Price Index report was very soft, and it all but confirms that the Fed will start to cut interest rates later this summer (in either July or September).
That confirmation essentially gives this AI-obsessed stock market permission to go on a tear over the next few weeks and likely months.
You see – investors are essentially drooling over the AI theme right now. They can’t get enough AI. They want to buy everything AI. And they are looking for any excuse to just keep pushing AI stocks higher and higher and higher.
This is that excuse.
We expect to see AI stocks – which, admittedly, are already red-hot – get even hotter in the coming weeks. We think they’re going to soar.
It is time to go “AI with AI” – or all in with artificial intelligence.
Sure, our portfolios are already full of great AI investments. But – like all investors these days – we want more AI.
Yes, at some point, this AI rally will run out of fuel. AI stocks will crash, like internet stocks in the early 2000s. But we believe we are far from that point. Right now, this feels like 1997/98 for AI – which was right before already-hot internet stocks went on a mind-boggling tear for two years.
So… at risk of sounding like a broken record… I’d like to reiterate… we need to be “AI with AI.”
What better way to go “AI with AI” this summer than by buying three new hot AI stocks?
Let’s meet the newest additions to our Core Portfolio. Find Out What We're Buying |  | | Luke Lango
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