Identifying AI Mirage Stocks: Companies Riding the AI Hype Without Substance
The explosive interest in artificial intelligence (AI) has transformed markets, leading many companies to aggressively market themselves as AI-driven businesses. However, beneath the excitement, many "AI Mirage Stocks" - companies that promise transformative AI capabilities without credible substance - have emerged. These firms often boast inflated valuations, questionable AI product claims, elevated insider selling, and high short interest from skeptical institutional investors.