The Trump election gains were wiped out over the last several weeks. The quick correction was healthy and represents a great opportunity to buy into the AI trade at more reasonable levels.
Even though there could be more downside in the near term, long-term investors should start to dip their toes into beaten-down AI stocks because no one knows if the bottom is already in.
Long-term investors don’t need to time the market exactly, because that is extremely difficult. What all great investors should do is buy into weakness because the stocks everyone wanted a few weeks ago cost 20%, 30%, and 40% less.
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