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The "unmagnificent 493" are back to being as such, says Thomas Hayes, believing investors are turning their focus back to the Mag 7 and AI leaders. He suggests investors trim their holdings in those outperformers and makes the case that we're in the "fifth inning" of the AI trade. He then outlines his stock picks in Baxter (BAX) and Hormel Foods (HRL).

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Hayes: Give "Unmagnificent 493" More Attention as AI Enters "Fifth Inning"

Schwab Network

Hayes: Give "Unmagnificent 493" More Attention as AI Enters "Fifth Inning"