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Bank of America Sees Bargains in These 16 Knocked-Down AI Stocks
Meta is one of 16 AI stocks highlighted by Bank of America.Credit: Marcus Brandt / picture alliance / Getty ImagesKey TakeawaysBank of America analysts identified 16 stocks they believe could be due for a rebound soon.The analysts said they still see substantial growth ahead for these companies, amid expectations AI spending by America’s biggest tech giants could peak this year.A pullback in the AI trade has created opportunities for bargain-hunting investors, according to analysts at Bank of America. The analysts in a recent note named 16 companies that—despite upward earnings revisions—have…
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