It Might Be Time to Sell Some of Your AI Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 10 2024
0mins
Source: Barron's
- Investing in AI Beyond Nvidia: Investors have options beyond Nvidia to gain exposure to artificial intelligence.
- Beneficiaries of the AI Revolution: Companies like semiconductor stocks are benefiting from the AI revolution, leading to new market highs.
- Valuations and Profit-Taking: High valuations in the AI sector prompt suggestions to take profits in high-flying AI stocks and diversify across the AI value chain.
- AI Stock Recommendations: Citi analyst Drew Pettit recommends a list of AI-exposed stocks with potential growth, including Airbnb, Apple, Toyota Motor, and others.
- Diversification Strategies: Investors can broaden their exposure away from AI by considering hedge stocks with low correlation to AI, such as insurance companies and consumer names.
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Analyst Views on LOW
Wall Street analysts forecast LOW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LOW is 278.27 USD with a low forecast of 250.00 USD and a high forecast of 316.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Analyst Rating
16 Buy
6 Hold
0 Sell
Moderate Buy
Current: 269.420
Low
250.00
Averages
278.27
High
316.00
Current: 269.420
Low
250.00
Averages
278.27
High
316.00
About LOW
Lowe's Companies, Inc. is a home improvement company. The Company offers a complete line of products for construction, maintenance, repair, remodeling, and decorating. It offers home improvement products in various categories, including appliances, seasonal and outdoor living, lumber, lawn and garden, kitchens and bath, hardware, building materials, millwork, paint, rough plumbing, tools, electrical, flooring, and decor. It is focused on offering a wide selection of national brand-name merchandise complemented by its selection of private brands. Its services include installed sales and Lowe's Protection Plans and Repair Services. The Company offers installation services through independent contractors in many of its product categories. It offers extended protection plans for certain products within the appliances, kitchens and bath, decor, millwork, rough plumbing, electrical, seasonal and outdoor living, tools, and hardware categories. It operates over 1,700 home improvement stores.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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