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"The market is not pricing in any slowdown," says Max Wasserman, as investors feel a speed bump in momentum following Broadcom's (AVGO) underwhelming earnings. He says there's plenty of signs of strength in the report overshadowed by sky-high expectations. Max still likes Mag 7 names like Alphabet (GOOGL), Microsoft (MSFT), and Apple (AAPL) but suggests investors also diversify into other sectors like energy.

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Wasserman: Investors "Overly Optimistic" in AI, Balance Mag 7 with Energy

Schwab Network

Wasserman: Investors "Overly Optimistic" in AI, Balance Mag 7 with Energy