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MarketBeat
MarketBeat
Gabriel Osorio-Mazilli

Hedge Funds Loaded Up AI Stocks at the Fastest Pace Since 2021

There are plenty of indicators investors can keep track of to determine the best opportunities in the market. However, there’s a way to save countless hours of work and research in one single sweep. This can be done by following what the so-called “Smart money” is already doing, and today, investors have a chance to read over the highest conviction trade there is.

It’s all focused on the technology sector, particularly with artificial intelligence stocks, as hedge funds have decided to go into them at the fastest pace not seen since 2021. This signals to investors that, even as the leaders in the space trade well into their 52-week highs today, there are still plenty of reasons left to believe that even higher prices could be had in the space.

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