Published on 7 Feb 2024 on Benzinga
Unlocking Value in AI Stocks: Strategic Insights Amidst Market Rotation - Cisco Systems...
With changes happening in how people see AI investments, mainly because of worries about a slowdown in projects, a promising investment idea is taking shape. This idea revolves around certain important stocks that seem to be in a good position for potential growth.
According to JP Morgan analyst Samik Chatterjee, the market has witnessed a shift with YTD AI beneficiaries like Dell Technologies Inc DELL, Arista Networks Inc ANET and Fabrinet FN experiencing a dip, while Coherent Corp COHR, Lumentum Holdings Inc LITE, and Cisco Systems Inc CSCO stand out as outperformers.