Adam Coons breaks down the AI trade, seeing value in Cisco (CSCO) after its post-earnings pullback while urging caution around Nvidia (NVDA) amid heightened headline risk. He discusses a potential short-term opening for AMD Inc. (AMD), Microsoft’s (MSFT) valuation following its outage, and why investors may want to play more defense as stretched valuations and AI volatility leave less room for error.
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