The new bull market is being led by just a few stocks relating to Artificial Intelligence (AI). Hence, the new acronym for these stocks would be I AIN'T MAMA. I - IBM A - Apple I - Intel N - Nvidia T - Tesla M - Microsoft A - AMD M - Meta Platforms (formerly Facebook) A - Alphabet (formerly Google) Out of these 9 stocks, we believe IBM and Intel are the cheapest. The others are fairly priced such as Apple (AAPL), Microsoft (MSFT), Meta (META) and Alphabet (GOOG), and some are overvalued such as Nvidia (NVDA), Tesla (TSLA), and AMD (AMD). So we added a few more shares to our existing holdings of IBM (IBM) and included Intel (INTC) to our portfolio. This rally has been driven by a number of factors including: The growing adoption of AI by businesses across a wide range of industries. The increasing investment in AI research and development. The rising public awareness of the potential benefits of AI. Overall, the AI rally is a sign of the growing importance of AI in the global econom...
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