Where to go for US tech stocks? Top Goldman Sachs trader: Lack of confidence in Mag 7, but optimistic about AI storytelling

Goldman Sachs' top technical strategist Peter Callahan recently released a research report stating that although the profit prospects of the Mag 7 remain stable, confidence in some of the companies is still not fully established. This mainly includes: Microsoft, Apple, NVIDIA, and Alphabet. Goldman Sachs believes that from now until the end of 2024 to 2025, semiconductor/AI companies are worth close market attention. Considering that investors' positions are clearer and the market background is more favorable, for these companies, the current market environment may be as favorable as it was in June 2024, or even better