Doll: AI Story is Real, But Market ‘Always Runs Too Hard’ on Excitement

Bob Doll is buying the Mag 7 on dips, saying that unlike the dot-com bubble these companies are producing earnings and revenue. However, he doesn’t think investors need as much concentration in these names as they might have earlier in the year. “The AI story is real, no question about it,” but the market might be running “too hard” on it and needs a consolidation period.

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