Latest news with #JeffreyGundlach
Yahoo
17-04-2025
- Business
- Yahoo
DoubleLine Opportunistic Core Bond ETF Marks First Three Years
DBND Generated Higher Return with Less Risk than Benchmark and Fund Category Average TAMPA, Fla., April 17, 2025 /PRNewswire/ -- The DoubleLine Opportunistic Core Bond ETF (ticker symbol DBND), an actively managed exchange-traded fund launched March 31, 2022, on the NYSE Arca electronic exchange, now has a three-year track record. For the three years ended March 31, 2025, the DoubleLine Opportunistic Core Bond ETF (DBND or the Fund) delivered an annualized return of 1.66% (based on net asset value). DBND's benchmark, the Bloomberg US Aggregate Bond Index (the Aggregate), produced an annualized return of 0.52% for the same period. The average annualized return for DBND's Morningstar fund category, Intermediate Core-Plus Bond, 0.92%. DBND delivered that excess return with less risk than the benchmark and the fund category average as measured by return volatility and maximum drawdown. Performance (%) 1 Mo 1Q2025 Year-to-Date 1 Yr 3 Yr Since Inception(3-31-22 to 3-31-25) Gross Expense Ratio DBND (Market) -0.03 2.76 2.76 5.87 1.70 1.70 0.45 DBND (NAV) -0.03 2.69 2.69 5.89 1.66 1.66Morningstar Category (NAV) -0.13 2.61 2.61 5.27 0.92 0.92Bloomberg US Aggregate Bond Index 0.04 2.78 2.78 4.88 0.52 0.52Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance current to the most recent month-end may be obtained by calling (855) 937-0772 or by visiting Performance greater than one year is DoubleLine, Morningstar; Category: Intermediate Core-Plus Bond. Active Management DoubleLine Deputy Chief Investment Officer Jeffrey Sherman, portfolio manager of DBND with DoubleLine CEO and Chief Investment Officer Jeffrey Gundlach, said active management through DoubleLine's Fixed Income Asset Allocation (FIAA) process has been key in negotiating the unfolding fixed income markets. This includes top-down sector allocation and management of duration (aka interest-rate sensitivity) as well as bottom-up security selection and credit analysis. For example, the portfolio, Mr. Sherman noted, was allocated 48.5% to government and government guaranteed securities – specifically, U.S. Treasuries and Agency mortgage-backed securities (Agency MBS) – 51.5% to credit, including corporate bonds, bank debt, non-Agency MBS, commercial mortgage-backed securities (CMBS), as of March 31, 2025. By comparison, at its launch on March 31, 2022, DBND was allocated 36.5% to government and government-guaranteed securities and 63.5% to credit. "Over the past two years, we upgraded the credit quality of the credit allocation of the portfolio. In February this year, we sold credit to add government-backed paper." Risk-Adjusted PerformanceAnnualized Return Standard Deviation Return per Unit of Risk Maximum Drawdown DBND (Market) 1.70 % 6.97 % 0.24 -8.80 % DBND (NAV) 1.66 % 7.08 % 0.23 -8.92 % Morningstar Category (NAV) 0.92 % 7.51 % 0.12 -10.77 % Bloomberg US Aggregate Bond Index 0.52 % 7.67 % 0.07 -10.40 %Source: DoubleLine, Morningstar; Category: Intermediate Core-Plus BondApril 2022 through March results of the investment team's active management over the three years ended March 31, 2025, can be measured in commonly used risk metrics. While delivering an annualized return superior to the Aggregate and the average of the Morningstar Intermediate Core-Plus Bond fund catetory, DBND did so with less return volatility as measured by standard deviation (DBND 7.08%; fund category 7.51%; benchmark 7.67%) and a lower maximum drawdown (DBND -8.92%; -10.77% fund category; benchmark -10.40%). Maximum drawdown is an asset or fund's largest peak-to-trough decline over a given period. "Along with relative values among different debt sectors, the drivers of risk and return change over time in these markets," Mr. Sherman said. "So an active approach is important for success not only over the long term but also the medium term. That should be clear today in 2025 with the horizon obscured by market noise, policy uncertainty and by changes, possibly even reversals, in decades-long investment trends and economic regimes." Objective The objective of DBND is to maximize current income and total return by, under normal circumstances, investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income instruments or other investments with economic characteristics similar to fixed income instruments. DBND can invest across the credit spectrum, including up to 50% in below-investment-grade bonds, and across the capital structure throughout the sectors of the global fixed-income universe. Under normal market conditions, the portfolio managers intend to construct an investment portfolio with an average effective duration of no less than two years and no more than eight years. DoubleLine Exchange-Traded Funds Including DBND, DoubleLine ETF Adviser LP is adviser to eight ETFs. The other seven are fixed income funds DoubleLine Asset-Backed Securities ETF (DABS), DoubleLine Commercial Real Estate ETF (DCRE), DoubleLine Mortgage ETF (DMBS) and DoubleLine Multi-Sector Income ETF (DMX); equity funds DoubleLine Fortune 500 Equal Weight ETF (DFVE) and DoubleLine Shiller CAPE® U.S. Equities ETF (CAPE); and DoubleLine Commodity Strategy ETF (DCMT). For information on all DoubleLine ETFs, please visit the following web page: About DoubleLine DoubleLine ETF Adviser LP is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (813) 791-7333 or by email at ETFinfo@ Media can reach DoubleLine by email at media@ DoubleLine® is a registered trademark of DoubleLine Capital LP. The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectus contain this and other important information about the investment company, and may be obtained by calling (855) 937-0772, or visiting Read them carefully before investing. Definitions Bloomberg US Aggregate Bond Index - This index (the "Agg") represents securities that are SEC registered, taxable and U.S. dollar denominated. It covers the U.S. investment grade, fixed-rate bond market, with components for government and corporate securities, mortgage pass-through securities and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis. Risk Disclosure Investing involves risk and principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. Investing in ETFs involves additional risks such as the market price of the shares may trade at a discount to its net asset value ("NAV"), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a fund's ability to sell its shares. DoubleLine ETFs are distributed by Foreside Fund Distributors, LLC. DoubleLine® is a registered trademark of DoubleLine Capital LP. ©2025 DoubleLine Capital LP View original content to download multimedia: SOURCE DoubleLine Sign in to access your portfolio
Miami Herald
13-04-2025
- Business
- Miami Herald
Major analysts revamp gold price targets after historic rally
It's been a very good time to be a gold bug. Gold has experienced a renaissance recently as investors have sought safe havens amid growing economic uncertainty following weaker U.S. economic data and an escalating trade war. Gold prices have surged about 20% in 2025, including an impressive 10% return in April, largely after President Trump's Liberation Day tariff announcement on April 2. Related: Billionaire Jeffrey Gundlach sends blunt warning on stocks, bonds The rapid rise in gold prices is particularly intriguing to many investors, given the struggles of stocks and Treasury bonds. The S&P 500 is down 9%, while the 20-year Treasury Bond ETF (TLT) has lost 3.5% of its value this month. Gold's significant outperformance has caught the attention of major gold analysts, who recently reset their gold targets following the big move U.S. economy was already experiencing signs of slowing down heading into this month's big tariff announcement. While unemployment remains historically low, it has increased to 4.2% from 3.5% in 2023, and there's been an increase in layoffs lately. Over 497,000 people were laid off in the first quarter, the most in the quarter since 2009, and up 93% fromQ1, 2024, according to Challenger, Gray, & Christmas. Related: Jamie Dimon sends candid message on economy, stocks We've also seen weaker manufacturing and services sector activity this year. ISM's manufacturing index fell to 49 in March from 50.9 in December, and its services index slumped to 50.8, down from 54 in December. Readings below 50 are generally associated with a contracting economy. Slowing economic data has the Atlanta Fed's GDPNow forecasting tool predicting negative 2.4% GDP growth in the first quarter. That number will likely change as more data is reported, but it still looks very likely that GDP will register meaningfully shy of the 3% pace seen last summer. The new tariffs will likely compound problems. President Trump's decision to impose import taxes on most countries of at least 10% is inflationary, as most companies will look to pass along higher costs to customers. The problem is much worse for China's imports, given that an escalating trade war has erupted. U.S. tariffs on Chinese imports are 145%, and China's tariffs on American imports are 125%. These levels are high enough to effectively shut down trade between the two giant economies. The combination of weaker GDP and potentially sticky inflation has economists worried about stagflation, or worse, a recession. Those concerns alone would make gold interesting to investors looking for potentially safer assets than stocks like precious metals or Treasury bonds. The trade war, however, has made bonds less attractive. Thirty percent of treasuries are held by overseas buyers who are less inclined to finance our economy amid a trade war. The 10-year Treasury Bond has sold off sharply this month, sending the yield up to 4.5% from below 4% on April 4. A similar situation is playing out with the U.S. Dollar. The U.S. Dollar Index DXY measures the value of the U.S. Dollar to a basket of major currencies. It's down nearly 3.8% this month. Historically, gold has moved in the opposite direction to the U.S. dollar because gold is dollar-denominated, meaning a weaker dollar makes buying gold more attractive to overseas investors. Gold prices have soared to over $3,200 this month, an all-time high for the precious metal. It may have more room to continue higher, according to UBS and Deutsch Bank analysts. Related: Mark Cuban makes shocking trade war prediction UBS analysts say gold price increases will "extend into next year and for prices to stabilize at higher levels further out." Its current price target is $3,500 per ounce, citing declining demand for Treasuries and the U.S. Dollar. UBS 2025 gold target is the highest among major banks. Meanwhile, Deutsche Bank is targeting $3,700 per ounce in 2026. Previously, analysts at the bank expected $2,900. On Thursday, opening bids were placed for 400,000 ounces of gold valued at $1.3 billion in a daily auction favored by central banks and gold ETFs. According to Bloomberg, that was the largest volume since September 2019. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Miami Herald
08-04-2025
- Business
- Miami Herald
There's likely some stress among bond traders
One of the little-discussed by-products of the massive financial market turmoil since the end of March is who the losers might be. Aside from investors, of course. Don't miss the move: Subscribe to TheStreet's free daily newsletter There will be some casualties among traders who are suddenly forced to sell securities to meet margin calls. They'd bet too much on risky stocks or on high-yield bonds, whose value slumped when stocks fell. Related: Stock Market Today: Stocks end mixed amid $9.5 trillion global wipeout The price of a bond is sum of the present value of the regular coupon payment (usually paid twice a year) and the present value of the principal value of the bond. When rates go up, the value of the income stream and the underlying bond must both fall. More Economic Analysis: Wall Street overhauls S&P 500 price targets as tariff selloff acceleratesInflation would like a word, pleaseStocks could bounce, but big bank earnings hold the cards If the position was built with a lot of borrowing, these investors might be forced to sell assets to make good on their obligations. When a situation like that arises, an investor often starts to fix the problem by selling his most valuable holdings first, according to Jeffrey Gundlach. Gundlach, CEO and chief investment officer of DoubleLine Capital, described the scenario during an interview with CNBC. Gundlach said he began to see forced selling on Friday when the Dow Jones Industrial Average fell 5.5% and the Standard & Poor's 500 Index dropped nearly 6%. And on Monday, the forced selling became even more visible amid wildly gyrating stock prices. Bond yields went up, and that depressed the market value on the bonds. Gundlach said he didn't think the selling is done. The S&P 500 could bottom at 4,500. But he added, "I think someone is going to go bankrupt." He was quick to add he knew of no one in trouble. Bloomberg/Getty Images But maybe these investors will dodge the bullet on bankruptcy. The stock market rebounded from morning lows that saw the S&P 500 fall to an intraday low of 4,835.04. That dropped the relative strength index for the S&P to a value of 19. RSI measures whether a stock is overbought or, in this case, oversold. Below 30 means something is oversold. That 19 level is considered by some to be a screaming buy signal, and futures trading Monday was signaling a big relief rally on Tuesday. Related: Here's what a Fed official calls central bank's bigger challenge Many bonds are not traded on organized exchanges. So it can be hard to see the math of what Gundlach was talking about. You can see it in the behavior of the SPDR Bloomberg High Yield Bond exchange-traded fund (JNK) . Shares of the ETF fell 0.9% to $91.61 Monday and are down 5.7% since hitting $97.12 on Feb. 28. The savings grace so far is that the ETF sports a distribution yield of 6.94%. The ETF is invested almost entirely in bonds rated BB or lower. Yahoo Finance data indicates it buys bonds in the energy industry. Energy is among the most volatile industries around. So, if interest rates go up or oil-and-natural gas prices go down, the fund price falls. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
02-04-2025
- Business
- Yahoo
Is Adobe Inc. (ADBE) the Debt Free Halal Stock to Invest in Right Now?
We recently published a list of . In this article, we are going to take a look at where Adobe Inc. (NASDAQ:ADBE) stands against other debt free halal stocks to invest in right now. The current economic conditions with elevated interest rates have made debt-free stocks increasingly valuable to investors. Companies without debt responsibilities avoid spending their funds on interest costs from loans or different types of borrowing. Due to their enhanced financial flexibility, corporate funds can be directed toward research and development, strategic growth projects, and business expansion initiatives that boost long-term business worth. Debt-free flexibility stands as an essential factor because high interest rates create better business models and financial results that matter during recessions. Low-debt stocks experience lower price volatility in challenging economic circumstances. Economic slowdowns, together with inflationary pressures, bring about elevated interest rates that result in market instability and increased investor concern. Companies without debt stand as more secure financial investments since they encounter a reduced probability of financial problems or bankruptcy. A turbulent market can find potential protection from negative effects through investing in shares with minimal debt which provides stability to uneasy investors. Investors who buy debt-free stocks receive the advantage of potentially better dividend payments at times when interest rates are elevated. Companies with robust cash reserves together with no debt hold better chances of allocating dividends to investors. The market value of debt-free stocks tends to be higher when interest rates are elevated. Jeffrey Gundlach shared his thoughts on market reactions to the Federal Reserve's recent meeting through his CNBC interview on January 30. Gundlach explained that the Fed declared no rush in interest rate suppression but investors interpreted it as moderate hawkishness. He stated the federal funds rate aligns perfectly with the two-year Treasury yield showing that the Fed maintains its current financial policy in response to economic conditions. Gundlach expressed skepticism about data-driven Federal Reserve policy because it potentially creates short-term monetary choices. He further observed unique market patterns after the Federal Reserve made its first interest rate reduction in September. Gundlach believes bond prices ascended after rate reductions but this situation features two-year Treasury yields increasing by 60 basis points together with ten-year Treasury yields growing by 85 basis points. The bond market displays unexpected behavior after Federal Reserve policy changes because investors observe both this market pattern and falling long bond ETF values. According to Gundlach, the ongoing Federal Reserve pause signifies market stability because they need more evidence before making decisions. In addition, Gundlach noted that the stock market faces difficulties due to the broader index's CAPE ratio of around 35. His comparison between the present CAPE ratio and the ratio that stood at 10 during Ronald Reagan's time shows that future value expansion is quite limited. Profitability stands as the chief determinant to boost stock market performance rather than multiple business expansions. With interest rates unlikely to decline soon, debt-free stocks remain attractive for their stability, resilience, and strong financial positioning. To compile this list, we chose the top 10 stocks from the S&P Shariah ETF, which includes all Shariah-compliant constituents of the broader index. After this, we compared their market caps with their enterprise value to gauge which ones are debt-free. The companies listed below may not be entirely debt-free, but they maintain a solid financial standing with low net debt and substantial cash reserves, ensuring they can comfortably meet their debt obligations. From that list, we picked 10 companies with the highest number of hedge funds having stakes in them, as per Insider Monkey's database of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A team of engineers and scientists collaborating at a workstation surrounded by their applications and solutions. Number of Hedge Fund Holders: 117 The ninth stock on our list of the best halal stocks is Adobe Inc. (NASDAQ:ADBE). It is a global leader in creative and digital marketing software. Its main products—Photoshop, Illustrator, and Acrobat, for example—have established themselves as industry standards for document management and content production, catering to a wide spectrum of clients from small businesses to individual producers. Digital experience creation, collaboration, and enhancement are made possible via the company's Creative Cloud, Document Cloud, and Experience Cloud platforms. Adobe Inc. (NASDAQ:ADBE) recently released Q2 guidance that matched market forecasts and posted better-than-expected Q1 2025 earnings. Analysts were concerned, meanwhile, about modifications to its disclosure of subscription revenue. The new reporting strategy makes it more difficult to monitor Creative Cloud's core business performance, according to a Citi analyst who has a neutral rating on the company. Matthew Swanson, an analyst at RBC Capital, on the other hand, had a positive assessment of the impressive Q1 performance. He emphasized Adobe Inc. (NASDAQ:ADBE)'s initiatives to implement fresh indicators that provide investors with a better understanding of the company. Swanson also said that focus is turning to the next Adobe Summit, where the business is anticipated to reveal more information regarding how it plans to make money off of its AI technologies. The analyst took a cautious stance, lowering his price objective for the stock from $550 to $530, even though he still maintained an Outperform rating. Overall, ADBE ranks 9th on our list of debt free halal stocks to invest in right now. While we acknowledge the potential of ADBE, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than ADBE but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
Is Alphabet Inc. (GOOG) the Debt Free Halal Stock to Invest in Right Now?
We recently published a list of . In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOG) stands against other debt free halal stocks to invest in right now. The current economic conditions with elevated interest rates have made debt-free stocks increasingly valuable to investors. Companies without debt responsibilities avoid spending their funds on interest costs from loans or different types of borrowing. Due to their enhanced financial flexibility, corporate funds can be directed toward research and development, strategic growth projects, and business expansion initiatives that boost long-term business worth. Debt-free flexibility stands as an essential factor because high interest rates create better business models and financial results that matter during recessions. Low-debt stocks experience lower price volatility in challenging economic circumstances. Economic slowdowns, together with inflationary pressures, bring about elevated interest rates that result in market instability and increased investor concern. Companies without debt stand as more secure financial investments since they encounter a reduced probability of financial problems or bankruptcy. A turbulent market can find potential protection from negative effects through investing in shares with minimal debt which provides stability to uneasy investors. Investors who buy debt-free stocks receive the advantage of potentially better dividend payments at times when interest rates are elevated. Companies with robust cash reserves together with no debt hold better chances of allocating dividends to investors. The market value of debt-free stocks tends to be higher when interest rates are elevated. Jeffrey Gundlach shared his thoughts on market reactions to the Federal Reserve's recent meeting through his CNBC interview on January 30. Gundlach explained that the Fed declared no rush in interest rate suppression but investors interpreted it as moderate hawkishness. He stated the federal funds rate aligns perfectly with the two-year Treasury yield showing that the Fed maintains its current financial policy in response to economic conditions. Gundlach expressed skepticism about data-driven Federal Reserve policy because it potentially creates short-term monetary choices. He further observed unique market patterns after the Federal Reserve made its first interest rate reduction in September. Gundlach believes bond prices ascended after rate reductions but this situation features two-year Treasury yields increasing by 60 basis points together with ten-year Treasury yields growing by 85 basis points. The bond market displays unexpected behavior after Federal Reserve policy changes because investors observe both this market pattern and falling long bond ETF values. According to Gundlach, the ongoing Federal Reserve pause signifies market stability because they need more evidence before making decisions. In addition, Gundlach noted that the stock market faces difficulties due to the broader index's CAPE ratio of around 35. His comparison between the present CAPE ratio and the ratio that stood at 10 during Ronald Reagan's time shows that future value expansion is quite limited. Profitability stands as the chief determinant to boost stock market performance rather than multiple business expansions. With interest rates unlikely to decline soon, debt-free stocks remain attractive for their stability, resilience, and strong financial positioning. To compile this list, we chose the top 10 stocks from the S&P Shariah ETF, which includes all Shariah-compliant constituents of the broader index. After this, we compared their market caps with their enterprise value to gauge which ones are debt-free. The companies listed below may not be entirely debt-free, but they maintain a solid financial standing with low net debt and substantial cash reserves, ensuring they can comfortably meet their debt obligations. From that list, we picked 10 companies with the highest number of hedge funds having stakes in them, as per Insider Monkey's database of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A laptop and phone open to Google's services in an everyday Inc. (NASDAQ:GOOG) operates through three distinct segments: Google Services, Google Cloud, and Other Bets. The Google Services division manages an extensive range of products, including Android, Google Maps, Google Play, Chrome, Search, and YouTube. The primary economic driver of the company is its advertising business, which displays relevant ads alongside search results on its Google search engine. Digital advertising has proven to be an incredibly profitable venture for the company, as its Google search page remains one of the most valuable online assets. The Google Search platform contributed $175.0 billion, or 73.6%, to Alphabet Inc. (NASDAQ:GOOG)'s total ad revenue of $237.9 billion in 2023. The Google Services branch generated $84 billion in revenue for the fourth quarter of 2024, reflecting a 10% increase from the previous year, primarily due to an 11% rise in advertising revenues. The platform saw a 14% increase in advertising revenue driven by heightened U.S. election-related ad spending. Since the previous elections in 2020, total spending by both parties has risen substantially. Alphabet Inc. (NASDAQ:GOOG) remains a dominant force in digital advertising and technology, frequently recognized among the best halal stocks for its continued innovation. The company rapidly integrates AI advancements into user interactions while expanding its profitable search revenue base. Its new user-oriented features, such as Circle to Search with voice and camera functions, enhance creative search methods, generating more commercial opportunities for advertisers. As part of its expansion strategy, the corporation announced plans to increase capital expenditures from $53 billion to $75 billion in the current year. The business maintains positive stock market forecasts as it implements artificial intelligence solutions across its operations. Merion Road Capital Management stated the following regarding Alphabet Inc. (NASDAQ:GOOG) in its Q4 2024 investor: 'Alphabet Inc. (NASDAQ:GOOG): We have held GOOG for a long time (since 2018) based on its immense business quality paired with an undemanding valuation, improving treatment of minority shareholders, and multiple options for value creation. Recently we have seen Alphabet bashed for losing the AI race to now heralded for its progress. I remain excited about their prospects with several near-term, mid-term, and long-term tailwinds. Near-term, Google Cloud continues its rapid growth and their latest large language model, Gemini 2.0, appears to have made significant progress to better serve consumer needs and improve GOOG's other product offerings. Mid-term, Waymo is on the cusp of becoming a real value driver for the company; there are abundant articles discussing Waymo stealing share from the ride-share economy and launching in new geographies. Long-term, GOOG's recently announced quantum computing chip positions it well for a future (many, many years away) where computing processes are fundamentally different from today. All of these options are embedded in a company that already has an established and dominant earnings stream.' Overall, GOOG ranks 4th on our list of debt free halal stocks to invest in right now. While we acknowledge the potential of GOOG, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than GOOG but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at .
