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Bank of America (NYSE: BAC) says…
The powerful run in U.S. Big Tech stocks can climb even more.
Go here for my #1 hidden AI trade to BUY NOW.
A BofA team led by Michael Harnett just looked back at 10 major booms in the last century.
They discovered that on average these booms delivered 244% gains from bottom to top.
The Mag 7 have rallied 223% since March 2023.
That’s why the bank says they have “more to go.”
Valuations also point higher.
Historically, these big booms ended with trailing P/E ratios around 58 and stocks trading nearly 30% above their 200-day moving average.
Today the Mag 7 carry a P/E of 39…
… and they sit just 20% above their 200-day line.
A favorable economy, Fed rate cuts, and the AI revolution are fueling the momentum of tech giants.
That’s why I’m also bullish on them.
However, a small group of hidden AI stocks are critical to power the AI boom.
And most investors haven’t even heard of these stocks.
A new breakthrough called the Manhattan AI Project is essential to power AI data centers.
That’s why Sam Altman, Bill Gates and Jeff Bezos are investing billions in it.
And that’s why I’m buying these 5 hidden AI energy stocks.
My just-released video reveals everything – including my #1 trade to BUY NOW.
Ian Wyatt