Goldman Sachs says these 11 stocks are next in line to benefit from the AI wave as Magnificent 7 dominance starts to fade
Briefly

from Business Insider2 months ago
Goldman Sachs predicts a transition from AI infrastructure investments to beneficiaries in 2025, highlighting a surge in revenue-generating use cases for AI.
Business Insiderhttps://www.businessinsider.com/next-ai-stocks-to-buy-magnificent-7-growth-slows-goldman-2024-11?utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter
Two years after ChatGPT, Goldman expects Phase 3 stocks to shine as they leverage AI technology to drive revenue growth, making them more attractive investments.
Business Insiderhttps://www.businessinsider.com/next-ai-stocks-to-buy-magnificent-7-growth-slows-goldman-2024-11?utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter
David Kostin notes that while 'Phase 2' AI stocks could continue outperforming, new capital may find a better risk/reward in 'Phase 3' stocks focusing on earnings.
Business Insiderhttps://www.businessinsider.com/next-ai-stocks-to-buy-magnificent-7-growth-slows-goldman-2024-11?utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter
The 'Magnificent Seven' stocks have led the market rally, dominating the S&P 500, yet their explosive growth isn't sustainable over the long term.
Business Insiderhttps://www.businessinsider.com/next-ai-stocks-to-buy-magnificent-7-growth-slows-goldman-2024-11?utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter
Read at Business Insider
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