Top Tech Stocks Can Thrive Amid AI Risks: Morningstar Analysts

Morningstar equity analysts investigated 132 companies to determine if AI is a universal destroyer. They found that AI is not a universal destroyer and that investors should sort through the wreckage to find newly cheap companies with enduring competitive advantages. The team believes that investors should be selective when looking for opportunities after AI-related stock selloffs, focusing on sectors such as cybersecurity, design software, and financial infrastructure and data. Morningstar analysts think that the market selloffs probably went too far and that there are still opportunities even with the heightened risk.