不是所有跌下来的股票都值得抄底,比如现在PE已经跌到16倍的谷歌,反而可能是个低估值陷阱,为什么?因为谷歌的业务基本盘是广告和搜索,但AI Search的出现正在抢夺用户的注意力资源;没人否认谷歌的AI大模型Gemini性能非常强,但从股票投资角度来讲,技术强不代表公司强,因为技术上的ALL IN和商业模式上的ALL IN是两个概念,没有EPS的贡献就给不了高PE。用户需要的不是大模型能力多硬核,...
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