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Ed Yardeni: UPP 500 to 8,400 points, recommends caution on AI
According to In 2021, early on in A, President Ed Yardeni of Yardeni Research raised the end-of-500 target from 7,700 points to 8250 points and to 8,400 points. He believed that the current situation was driven by profit-making kinetic energy and that the valuation was lower than the 1999 Internet bubble. In the case of AI, Ed Yardeni advised investors to avoid chasing single AI shares and to decentralize them through the NASDA 100 Fund。
