AI will need at least ten years to become a big money maker, says Piper Sandler’s Craig Johnson

Craig Johnson, Piper Sandler chief market technician, joins 'Squawk Box' to discuss the latest market trends, whether AI will transform the world sooner, and more.

[@rayflective]

Did he miss the AI trade?

[@paulo4371]

He missed the boat and now the boat keeps sailing away

[@HermanAdams1]

One question, please! Is NVIDIA a safe buy to outperform the market this year? I'm tired of these new buys every week, just to make up some assets with a low percentage on my $236k portfolio and try to keep everything around 10%.

[@PaulineJones7]

I've always advised the investors I know to exercise caution when it comes to new buys, especially right now. You should thread the market with the guidance of a qualified specialist or reliable counsel if you don't know where to look.

[@JasonParsons5]

@@PaulineJones7 I deal with an investment advisor for this reason. I currently have over $800k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons. Our current project for this year is a more concrete ballpark target.

[@HermanAdams1]

@@JasonParsons5 How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@JasonParsons5]

@@HermanAdams1 Victoria Carmen Santaella is the licensed advisor I use. Just research the name. You’ll find the necessary details to work with.

[@HermanAdams1]

@@JasonParsons5 I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.

[@jaykraft9523]

10 years ? I'm more inclined to believe 10 months

[@weho_brian]

want some cheese with that whine

[@FoundingFathersUSA]

Programs from data mean new programs that mean new productivity enhancing tools in the economy. That’s like when the CPU/personal computer revolution began. How have the last 50 years been? Has anything contributed more to productivity and progress as much or even half or a tenth as much as computers in the last 50 years? So you can see that whether or not any particular thing happens for a given company in a given quarter, you know the next 50 years. It’s AI and the machines it will run.

[@atun77]

sounds like someone who wants a dip because they missed the ride up

[@highwayk195]

He said 5 to 10 … so he doesn’t know basically.

[@mathewdeu3328]

Hahaha....nice dance moves....

[@MatthewMS.]

Craig is whining with no substance.

[@2023gainer]

AI and EV/ AI combination will increase yearly. FSRNQ.. Fisker. Rivian... Lillium Evtol Jets..Alpp .Alpine 4... Idex.. Ideanomics.. Archer Evtol Jets and more. red dips turning into Green Gains.

[@dgaz3057]

joe likes this winer

[@jeffrose5622]

Another DF that missed out and is now shorting AI stock.

[@asianjedi3100]

Get rid of these old guys lol

[@alex_ali]

What’s your point whiner?