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Investment firm adds consumer stock to diversify beyond AI trade

Investment firm adds consumer stock to diversify beyond AI trade

Seeking to broaden its portfolio beyond the unpredictable swings of the artificial intelligence sector, the firm intends to incorporate a consumer stock.

The strategic aim was to introduce a company whose business is less susceptible to economic cycles, possesses an appealingly low valuation, and maintains a steady habit of returning funds to its investors.

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View original sourcecnbc.com

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