AI stocks could crash like Dot-Coms, says Wall Street veteran — suggests these safer bets instead

Wall Street investor Richard Bernstein cautions against the AI stock frenzy, drawing parallels to the dot-com bubble. He suggests investors consider dividend-paying stocks, particularly utilities, as a potentially more rewarding long-term strategy. While not predicting an AI stock crash, Bernstein advises caution, noting that the market rally shows signs of maturity.