2024-06-23 10:32:07 ET
Summary
- FOMO caution: AI stocks may be overpriced.
- Visa offers strong growth potential at a fair price.
- Consistent growth and dividend history make Visa a strong long-term investment.
Now is not the time to fall prey to FOMO (the fear of missing out) and buy into the AI hype train.
That’s what I keep telling myself.
I started writing this article a week ago, but even after the sell-off that we saw in the semiconductor space during the last week, I still think many of the blue-chip stocks caught up in the AI rally look pricey....
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Visa: One Of The Best Dividend Growth Stocks Of All Time Is On Sale