2 Hot AI Stocks You Should Consider Selling Right Now
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It seems like anything related to artificial intelligence (AI) has turned to gold in the last year. There are now trillions of AI-related dollars in value driving the stock market higher as prices soar for anything deemed an AI winner. Most of the largest companies in the world are now related to or investing heavily in AI, meaning that future stock returns hinge on this fast-growing sector. So far, it is keeping up its end of the bargain with stock prices at all-time highs. All this excitement has led some stocks to become greatly overvalued. Booms are almost always followed by busts, because the promise of a new technology leads people to get too optimistic about future growth, which eventually doesn't live up to the extreme expectations that accompany the boom. Here are two AI stocks to consider selling during this AI boom.Maybe the hottest AI stock out there is Palantir Technologies (NASDAQ: PLTR). The AI software provider for the United States government and large corporations has a current market cap of $363 billion, making it the 24th-largest company in the world as I write this.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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