Within the AI trade, Wells Fargo keeps favoring hyperscalers like $Alphabet(GOOG)$ , $Alphabet(GOOGL)$ , $Microsoft(MSFT)$ , $Meta Platforms, Inc.(META)$ , and $Oracle(ORCL)$ , along with infrastructure software names like $Palo Alto Networks(PANW)$ , $Datadog(DDOG)$ , and $Palantir Technologies Inc.(PLTR)$ over semiconductor buildout. Their view is that those groups got dragged down with chip stocks in the latest selloff and could end up being the next leaders of the bull market. That's a pretty strong call.
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