Deepwater Asset Management’s Gene Munster sees two large AI opportunities in the Magnificent Seven that the Street seems to be missing.
What To Know: Thursday morning on CNBC’s “Squawk Box,” Munster flagged Meta Platforms Inc (NASDAQ:META) and Apple Inc (NASDAQ:AAPL) as two of the most underappreciated AI plays in the market.
“They have the biggest upside potential relative to where expectations are,” Munster said.
It’s well known that Meta is using AI to improve advertising campaigns and engagement and such should help Meta grow its business by 50% over the next two years, Munster said.
“But there is a significant underappreciated lever that could take this into just a whole different atmosphere,” Munster ...