The future of AI and tech stocks | Jessica Amir on Fox Business

Moomoo Market Strategist, Jessica Amir, recently discussed the future of AI and tech-related stocks on FOX Business News alongside host Charles Payne. Here are the highlights from the interview.

Jessica emphasised there is estimated to be $1.3 trillion of AI spending coming over the next decade. She noted that it's common for companies to experience pullbacks, such as NVIDIA and CrowdStrike, which dropped 15% and 12% respectively. While everyone will get a boost, the key consideration is how these companies will look in the next 5-10 years.

For investors concerned about stocks not returning to their peak after a decline, Jessica advised focusing on value stocks, and evaluating factors like cash flow and revenue growth. Using Nvidia as an example, Jessica explains that investors still buy during weakness, because they know NVIDIA is currently the only tech and AI company with forward revenue growth of 98%.

Turning to Tesla, Jessica suggested it's undervalued and misunderstood. She pointed out that Tesla's challenging times may be behind it, particularly with the game-changing move of the Chinese government listing Tesla as a procurement choice. This positions Tesla to compete head-on with companies like BYD in China—a significant deal.

Click the image to watch the full interview：