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Market research company warn of AI stocks selling cheap; say they point to a 'dangerous sign'
Market research company, Sevens Report Research founder Tom Essaye has raised caution for investors that the relatively cheap valuations of several high-flying AI stocks may not be the buying opportunity they appear to be. According to a report by Business Insider, in a note, Eassye said that the low forward price-to-earnings (PE) ratios could reflect the growing fears that the data center boom may stall.
Market research company, Sevens Report Research founder Tom Essaye has raised caution for investors that the relatively cheap valuations of several high-flying AI stocks may not be the buying opportunity they appear to be. According to a report by Business Insider, in a note, Eassye said that the low forward price-to-earnings (PE) ratios could reflect the growing fears that the data center boom may stall.
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