Stocks tied to the artificial intelligence frenzy might be trading at a premium, but that doesn't mean they're unattractive, according to JPMorgan. The AI trend has propelled stocks to new heights. This year alone, the two highest outperformers in the Magnificent Seven cohort — Nvidia and Meta Platforms — have climbed 90% and 44%, respectively.
On the other hand, the underperformance of Tesla and Apple , each down 31% and 10%, also speaks volumes: The days of merely riding the wave of these Big Tech names seem to be over, and companies will have to start proving that they have a fundamental AI story. Indeed, JPMorgan analyst Samik Chatterjee noted that within the hardware and networking space, the "AI Group" of stocks is trading at a 60% premium compared to its historical trading average. For comparison, the non-AI group of stocks is only at a 10% premium. Overall, Chatterjee said that the AI cohort is trading at a 55% premium relative to the non-AI basket
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »