2024 is the year AI goes from concept to product, says Ritholtz's Josh Brown
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- Опубліковано 2 січ 2024
- Josh Brown, CEO at Ritholtz Wealth Management, joins 'Closing Bell' to discuss the dip in tech stocks and finding value in stocks outside of the 'Magnificent 7'.
Josh is the best resident commentator
By far
Lol funny how quick people's perception change
I like Josh's positive energy.
When he turned uncharacteristally 'bearish' at the start of '22 - essentially saying the market was screwed for the forseeable future - I was so disappointed to lose him as a 'cheerleader'. But of course he was spot on. Simply telling it as it is. I just didn't like hearing it. He's probably the best analysts that CNBC has.
Bravo Josh!
Josh is great, the only one who believed in Zuck when Meta was going down
Stocks are far from stumbling. Basic small pull back then we head higher
Just DCA SPY/QQQ on every dip, you will outperform these clowns year in year out.
Loving Tony's word salad pump phrases to hopefully keep the party going.
Josh is a pro not a hot air bs artist
Buy the Dip
I will buy huge dip is coming.
Spot on Down Town Josh Brown 🖤💚📈🇺🇸
👏🏻👏🏻
ChatGPT 5.0 or 10.0?
Amazon is actually cheap if you look at cash flows. Why cash flows and not profits? profits are artificially dragged down by paper expenses (depreciation/amortization). If you look at profits, they've only earned $20B in earnings the last 12 months giving them their relatively high PE ratio of 78, however if you look at cash flows, their price to cash flow ratio is closer to 21. In fast growing companies that have high investments which can be amortized, cash flows is the way to analyze the business.
But market is forward looking and already priced in production. Or else why would the AI stocks have such high multiples??
Bubble will be popping soon. Except Google of course.
What about Microsoft?
Nobody needs AI....we have heads and brains
Ai helps your brain! If I asked customers what kind of horse they want? They would ask for faster horses, not automobiles.
@@jacknguyen5677 AI like video games make people dumb not educated...
I love Josh
This content is a gem; akin to a book that was a gem in its insights and delivery. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
The guy who said we would have $300 wti in 2023
Josh > Cramer
They tell retail buy and hold for 30 years but they sell every chance they get 😂
I am not pulling back. I have done for the past three years.. no more waiting for the feds or anything. I am looking forward to the future.
Bitcoin or dividends? What do you like
Let it pull to the 200 day then buy some
Breaks past the 20, dip your toe in the water... breaks past 50 Day... put your feet in... gets close 200, start accumulating!
2024 is when AI goes from a bubble to a popped bubble.
What bubble.
Doubt it
Lol
Lol
I don't know probably the market being overvalued, Nvidia sitting at a 1.2 trillion market cap, apple 3 trillion, highest PE ratios on the magnificant 7 since 2001, consumers running out of money, highest debt. Alot of reasons, now you tell me why we are not in a bubble.
Concept to product...?then when profits uh oh....?
Im sure Brown goes to sleep thinking of ways to phrase things the next day and probably reads the comments 😂
Tesla IA
Who gave Kevin James a yellow tie
Bitcoin 😎
Чувак в образе.
there will be winners and losers, good ideas and stupid ideas. if you're not involved on a serious level with the science and technology behind it, you will have trouble finding which is which.
OMG the world is ending, sell EVERYTHING!!!!
Yeah sure. Gonna be a lot of failed products, because AI doesn't need to be in everything, and most companies have no idea what to do with it.
Great. Fewer people in the workforce and big tech running more of our lives. Yee hah!
Oh yea lol cause you know stocks just go up forever and hey bear markets never happen and things don't get over valued and this time is different and who knew at extreme greed we would turn down and oh yea consensus is overly bullish like last year overly bearish how'd that work out? And hey were back to pandemic record stimulus PPP loans pet rock NFT bubble with 0 rates except guess what rates ain't 0 and its no pandemic stimulus and PPP loans, but hey the yield curve this times different and the way people pile in they pile out who knew. I actually love they are bullish and pretending to stay that way and I love it better even if they are truly bullish but were blowing hell blown a bubble and this maybe 2020 going into 2021 and next year could be like 2022 so enjoy it if we are bullish, but no matter what ill as usual continue to sell extreme greed and buy extreme fear and it seems im not alone
Josh is back peddling already.😅
He is talking about AI without mentioning Tesla...??
Lmao all these dipbuyer comments that has absolutely no idea who’s and what is driving market rally.
Anyone else tired of the continued A.I. hype? It's been with us for years but now the semiconductor companies need to keep profits coming in. Similar to Apple and the almost every year another new I phone.
It's gonna fade
like all tech that most do not understand (including me, a tech worker) its way over hyped. its not new, but it is improving. just like http was hyped in late 90's all these promises are being made and people are being played. its almost like the vax, you have to prepend any doubt with "well it's real but...." thats is the only way to avoid the lynch mob.
I keep thinking back to how people said Segway had this amazing product that was going to revolutionize the world, and it turned out to be a scooter.
LOL ... corporations are the worst. i witnessed management hyping all kinds of new tech, to make themselves more relevant @@SoDakJason
@@SoDakJason
Love it!
2024 is the year AI is exposed as a scam
30% stock market crash coming soon 12-24 months