Guggenheim says AI is not the "death knell" for the industry
During Wednesday's US stock session, relevant stocks rose one after another, with ServiceNow, Salesforce, and Check Point seeing gains, and the iShares Expanded Tech-Software Sector ETF also climbing. Guggenheim believes these companies are undervalued, and its target prices indicate upside potential for all three stocks. The report notes that although AI does present significant risks, it will not be the "death knell" for these companies.
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