Billionaires Selling AI Stocks to Buy This ETF that Has 42% Upside According to Wall Street Guru

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Billionaires Selling AI Stocks to Buy This ETF that Has 42% Upside According to Wall Street Guru

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Billionaires Selling AI Stocks to Buy This ETF that Has 42% Upside According to Wall Street Guru

//stocks-investing.news-articles.net/content/202 .. has-42-upside-according-to-wall-street-guru.html

Published in Stocks and Investing on Monday, January 27th 2025 at 14:21 GMT by MSN

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

Investing in the tech sector can be rewarding and risky at the same time. You could have a year like 2021 when tech stocks tumbled, followed by 2023 where they saw highs like never before. But the sector has shown resilience and bounced back from the lows.

2025-01-27 195 x 130 / 5524 Bytes

The article from MSN discusses a trend among billionaires like Jeff Bezos, Mark Zuckerberg, and others who are selling off their stakes in AI and tech companies to invest in the SPDR S&P 500 ETF Trust (SPY). This shift in investment strategy is influenced by Wall Street analyst Tom Lee, who predicts a 42% upside for the S&P 500 in the coming year. Lee's optimism is based on several factors including a potential pause in Federal Reserve rate hikes, a decrease in inflation, and an expected earnings recovery. The article highlights that these investors are moving away from high-risk, high-reward tech stocks towards a more diversified and potentially safer investment in the broader market index, which could offer substantial returns if Lee's predictions hold true.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/tech-companies/billionaires-selling-ai-stocks-to-buy-this-etf-that-has-42-upside-according-to-wall-street-guru/ar-AA1xXest ]