Fund managers see bargains in AI sell-off, cite low P/E stocks

Following a sharp correction in AI-related equities, fund managers Jonas Olavi and Mats Wandrell are selectively buying, citing a stock with a P/E around 5 as 'dirt cheap'. The sell-off reflects a shift from euphoria to risk-off, but these managers view it as an opportunity rather than a systemic threat. The sustainability of the rebound remains uncertain, with volatility likely persisting.

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