Synergy Capital Management

Is artificial intelligence transformative or a bubble? Interesting chart from Bianco Research: Since ChatGPT was introduced in late 2022, 70% of the S&P 500 gains have come from AI-related stocks!

Uh oh.....stocks starting to look expensive after a big April/start to May? Berkshire Hathaway decreasing its weighting in equities for 14 consecutive quarters as global markets literally explode......maybe the time to start getting a bit defensive?

Something you typically don't hear in the financial media: Are technology stocks actually cheap??? Forward P/E multiple of the NASDAQ 100 recently plunged below its 5 and 10-year averages!