Investors are chasing "the flavor of the week" when it comes to the AI trade, Jefferies senior analyst Brent Thill tells Yahoo Finance. Thill highlights Wall Street’s enthusiasm with Alphabet (GOOG, GOOGL), while Meta (META) and Oracle (ORCL) fall out of favor.
The analyst says the Big Tech stock moves are part of an "over-exaggerated" trade, and suggests that investors buy the dips in Meta and Oracle rather than chasing Alphabet’s momentum.
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