AI Stocks Bubble Popping or Buy-the-Dip?

Joseph Hogue
•August 14th, 2023
DESCRIPTION
Is the AI stocks bubble bursting or is it a buy-the-dip opportunity? I’ll reveal the real reason artificial stocks are falling and how to invest. ✅ FREE Report! See the five stocks I'm buying for the next 30 years! https://mystockmarketbasics.com/motleyfool
The stock market is only down 2.6% from the recent peak but AI stocks are down as much as ten-times that. Shares of Nvidia are down 15% and C3.ai are down 31% from their highs. Shares of Palantir are down 23% in just the last two weeks. If the AI stock bubble is bursting, they could have a lot further to fall.
But if it’s just a quick pullback, stocks like NVDA, C3.ai and PLTR could be at prices you won’t see again. Another 10% down in Nvidia stock would bring it to a valuation of 20-times price-to-sales, less than half the current valuation. I’ll detail how to invest in AI stocks in this week’s market update but stick around for all the stock market news you need to know!
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
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