‘Big Blue is Back in Vogue’
We recently published a list of Analysts Are Talking About These 10 AI Stocks. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other stocks that analysts are talking about.
Gene Munster from Deepwater Asset Management said in a latest program on CNBC that the AI hardware trade is still intact and the analyst believes DeepSeek is a net positive for the industry.
“The consensus DeepSeek has been a positive for AI. I think when it comes to the cost of AI inference, it’s going to go through the floor. Sam Altman said after DeepSeek that they expect the cost of tokens to go down 10 to 12x per year for their second-tier model. I mean, that’s basically through the floor. And I think the third piece to this, if those two happen, we get this hardware build-out, we the cost of compute or the cost of inference declining. I think you’re going to see some just profound impacts. And so I’m still bullish on this market. I think that what we’re seeing right now is a funk, and I think that we still got two great years left of this AI trade.”
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Number of Hedge Fund Investors: 60
Mish Schneider from MarketGauge said in a latest program on Schwab Network that International Business Machines Corporation (NYSE:IBM) has made a strong comeback after being forgotten for a while.
“What you’d really be looking for right now with IBM is for it to take out, say, 260. And then, if it can get through 260 again—it’s been trading between 245 and 260—then I think you have a situation where you could see 350, maybe even higher. Of course, market conditions always prevail. If we get some kind of major liquidation all around, that will affect everything. But that’s a company everyone forgot about, and now, all of a sudden, Big Blue is back in vogue.”
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