2 Popular AI Stocks to Sell Before They Drop 44% and 60%, According to Wall Street
Shares of Micron and Intel have delivered triple-digit gains this year, but certain analysts expect the stocks to drop sharply.
2 Popular AI Stocks to Sell Before They Drop 44% and 60%, According to Wall Street
Overview
Micron Technology (NASDAQ: MU) and Intel (NASDAQ: INTC) are popular with investors right now because the artificial intelligence (AI) boom represents a significant growth opportunity for both companies. The stocks have added 228% and 192%, respectively, this year. Yet, certain Wall Street analysts think Micron and Intel are wildly overvalued.
Those forecasts suggest investors should sell Micron and Intel. Here's why I agree.
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Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
