2024-05-21 13:27:20 ET
The artificial intelligence trend is at the core of many investment portfolios but some investors prefer to reduce risk in their allocations which oftentimes pushes them towards more traditional defensive sectors such as utilities and staples. But AllianceBernstein stated that investor should cast a wider net towards AI focused businesses that have high quality business models and proof of profitability such as shares of Microsoft Corp ( NASDAQ: MSFT ) and Alphabet ( NASDAQ: GOOG ) ( NASDAQ: GOOGL )....
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AllianceBernstein spotlights MSFT and GOOG as quality AI picks