Tiger'sParadise| Senior technology investor: The bull market in U.S. stocks may last for another five years, but will eventually burst with an "amazing bubble"

Gene Munster, a senior technology analyst and managing partner of deepwater asset management firm Deepwater Asset Management, said the bull market in US stocks was expected to continue to rise over the next three to five years before ending with an amazing bubble bursting.

Munster has vivid memories of his experience as a technology analyst during the dotcom boom and bust of the 1990s, so he does not easily make such a prediction, but he believes that driven by the growing popularity of artificial intelligence technology, U. S. stocks are likely to rise sharply and eventually fall.

Munster told foreign media last Friday thatTiger'sParadise"We are in the early stages of a three-to five-year bull market, which may seem out of place given recent market conditions, but ifTiger'sParadiseYou eventually believe that artificial intelligence is essentially more than hype, and the market will continue. "

Mr Munster said broader technology deals would continue to push US stocks higher, but investors should not just hope that super-large-cap technology stocks would drive most of the gains. Instead, Jean believes that most of the upward space for the stock market bubble will come from small companies that focus on artificial intelligence.

"the essence of the bubble will come from different types of technology companies that will drive the stock market up," Munster said. I think part of it will be artificial intelligence IPO. "

At the same time, Munster said technology stocks in the "Big Seven" should "continue to be well positioned and they will benefit from it, but this is not where you can get a two-or three-fold appreciation."

Munster is optimistic about artificial intelligence technology because he thinks it will be twice as influential as the Internet.

"for me, the concept that machines can operate with universal intelligence is twice as big as the Internet," Munster said. I think this will come from some smaller mid-market capitalization companies and some IPO companies that will eventually become the next 'Big Seven' in five years' time. "

Although Munster believes that the US stock market rally will turn into a bubble, this does not mean that investors should avoid holding for now. "although this will end in the bursting of the bubble, a lot of wealth can still be created between now and then."

Munster also stressed that in Deepwater Asset Management's technology-focused portfolio, Alphabet (GOOGL)Tiger'sParadise.us) and Meta Platforms (METATiger'sParadiseUs) has become a unique flagship shareholding because of its built-in artificial intelligence technology.

"these two companies are unique because their artificial intelligence is not dependent on others in the future," Munster said. If you look at MSFT.US (MSFT), AAPL.US (AAPL), and AMZN.US (AMZN), all of these companies need third-party models to really drive what they are doing. "

"so when I think about who will be the biggest winner in artificial intelligence, I think it comes down to Meta and Google."