- Artificial intelligence has been a defining theme in markets this year as stocks rally.
- Three top Wall Street firms have warmed to the technology in recent months.
- Here’s how Bank of America, Morgan Stanley, and UBS recommend investing in AI.
Some on Wall Street fear investors are getting carried away by hype about artificial intelligence, but three top investment firms are increasingly sure that AI really will live up to its lofty expectations.
Bank of America, Morgan Stanley, and UBS are more optimistic about AI stocks after each expressed hesitations earlier this year as shares of companies tied to the technology exploded higher. In separate late July notes, the firms shared why they’re now more comfortable with AI.
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