Over the last few months, we’ve seen an interesting trend begin to develop. Wall Street analysts have slowly started to downgrade the Magnificent Seven stocks.
This isn’t something that’s going to cause a crash or anything that’s going to bring the market down significantly, on its own at least. No, this is an interesting shift in sentiment that could be set to reset the growth trajectories of these companies as investors begin to ask whether the Artificial Intelligence is ready for its closeup.
Let me be clear, this is not a “sell all of your NVIDIA and buy these stocks” moment. Far from it. No, this is the moment where the long-term investors are looking to the horizon and diversifying their portfolios to increase their holdings in AI Service companies such as these…
This post originally appeared at Money Morning.