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Investing.com -- Sean Peche, founder and portfolio manager at Ranmore Fund Management, said he is bearish on AI-related stocks, warning that heavy spending by the biggest technology companies and a tendency to extrapolate past gains leave investors exposed. Our AI stock portfolio is beating the S&P 500 by 118%. Discover the stocks we're buying and the opportunities we're watching next. Exclusive for Yahoo! Finance readers: 55% off for Black Friday, plus an extra 15% at checkout. Subscribe today! » "I'm a bear for AI-related stocks," Peche said. "The large technology companies are spending an absolute fortune on AI capex, and I think investors need to be very careful.
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