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A market pullback right now is healthy, argues Mike Horwath as stocks sink to start September. He hopes the market will continue to broaden to “signal strength beyond the top seven names.” Mike is looking for opportunities in AI spending, especially in auxiliary companies, and highlights that AI capex is, broadly, being funded by free cash flow rather than debt.

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Horwath: Market Pullback Healthy, Look for Market Broadening

Schwab Network

Horwath: Market Pullback Healthy, Look for Market Broadening