MGK: Mega Cap Selloff Presents Attractive Buying Opportunity, AI Bubble Fear Is Temporary

2026-02-24 12:12:08 ET

It is the time to utilize Warren Buffett's investing mantra of buying when others are fearful of mega-cap stocks. Investor fear over an AI-related burst and software industry disruption created a broader tech selloff, sending the mega caps and tech sector closer to correction territory. While AI is eating jobs and hitting a few industries, the technology is making hundreds of billions of dollars for tech companies. Therefore, it’s unrealistic to call it a speculative bubble, in my view....

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