Reported 8 months ago
Wall Street strategists like Julian Emanuel from Evercore ISI are predicting S&P 500 reaching 6,000 by year-end due to the ongoing AI revolution. With expectations of earnings growth and elevated valuations, investors are advised to have an AI strategy in place. As AI continues to drive the market, portfolio managers are exploring options like the 'strangle' position on Nasdaq and looking at AI-related investment opportunities. The article emphasizes the necessity for investors to be actively involved in the AI discussion to navigate the evolving market landscape.
Source: YAHOO