If I Could Only Own 1 Artificial Intelligence (AI) Stock Through the Next Bubble Scare, It Would Be This One
Iren (NASDAQ: IREN) is the one artificial intelligence (AI) stock I would buy through the next bubble scare. I’m doing it right now, and if Iren stays at such a low price, I will intensify my buying. The company has several bullish catalysts, and certain “bearish” claims about Iren and the neocloud industry are actually quite bullish for Iren on closer inspection.
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Almost all the bearish concerns people bring up about Iren are actually bullish. First, Gartner released research that projected 80% of neoclouds ceasing independent operations by 2030 while casting doubts about AI infrastructure spending.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.