3 ETFs and 10 stocks carefully selected by major US banks to pay attention to due to the AI boom

An analyst at BofA stated, “AI is one of the fields where investors expect earnings to rise even if there is a global economic slowdown.” BofA is for artificial intelligence9%It was pointed out that there is a possibility that earnings will expand.

BofA analysts should invest when AI is confirmed to be a disruptive technology in the latest “Research and Investment Committee (RIC) Report”3 ETFsand should be purchased when AI only moderately improves productivity10 brandsI have listed them.

According to a recent PwC survey, artificial intelligence (AI)Gains of up to 15.7 trillion dollars to the global economy by 2030There is a possibility that IDC will bring about the global AI marketIt will reach 900 billion dollars by 2026I'm predicting that.

Investors who think AI will promote productivity improvements in the economy as a whole should consider holding AI ETFs. That's because “it's difficult to discern the ultimate winners and losers of a technological revolution,” BofA analysts said in a note last Tuesday. AI-themed ETFs are more than basic high tech or semiconductor fundsSectors and countries are decentralized, and liquidity is also highIt's called.

In addition, the AI ETF and ETF's year-to-date performance in 2023, which BofA analysts are also paying attention to is as follows.

Technological innovation, although profitable, often results in only a small improvement in productivity. There is also a possibility that structural changes such as inflation and rising interest rates will hinder the spread of AI. BofA has stated that “the Fed's additional interest rate hikes and an environment where high interest rates are prolonged poses a serious risk to the sustainable outperformance of high-tech companies.”

Investors who are skeptical about the possibility of transformation through AIUtilize AI technology to strengthen business modelsIt was added that attention should be paid to companies that have succeeded.

Bank of America screened 10 stocks outside of the hardware and software industry that have outperformed the S&P 500 stock price index over the past 10 years.