大摩逆势发声：AI恐慌过头，市场正为选股者砸出“黄金坑”

智通财经02-25

智通财经APP获悉，摩根士丹利策略师团队指出，因人工智能颠覆性担忧引发的各行业过度抛售，正为精选个股的投资者创造机会。投资者应重点关注该团队定义的"人工智能在位企业"、强劲增长股及优质标的，以捕捉当前较低估值与技术普及浪潮的双重红利。以安德鲁·保克为首的策略团队强调，具备高定价权的AI技术采用者的投资逻辑正在持续强化。"人工智能普及在短期内带来的积极效应，能够有效缓解受影响行业及整体市场对长期...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2614508715?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2026-02-25 21:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2614508715","market":"hk","top_or_hot":-1,"title":"大摩逆势发声：AI恐慌过头，市场正为选股者砸出“黄金坑”","media":"智通财经","content":"<div>\n<p>智通财经APP获悉，摩根士丹利策略师团队指出，因人工智能颠覆性担忧引发的各行业过度抛售，正为精选个股的投资者创造机会。投资者应重点关注该团队定义的\"人工智能在位企业\"、强劲增长股及优质标的，以捕捉当前较低估值与技术普及浪潮的双重红利。以安德鲁·保克为首的策略团队强调，具备高定价权的AI技术采用者的投资逻辑正在持续强化。\"人工智能普及在短期内带来的积极效应，能够有效缓解受影响行业及整体市场对长期...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1407299.html\">网页链接</a>\n\n</div>\n","source":"stock_zhitongcaijing","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>大摩逆势发声：AI恐慌过头，市场正为选股者砸出“黄金坑”</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n大摩逆势发声：AI恐慌过头，市场正为选股者砸出“黄金坑”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-25 21:11 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1407299.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，摩根士丹利策略师团队指出，因人工智能颠覆性担忧引发的各行业过度抛售，正为精选个股的投资者创造机会。投资者应重点关注该团队定义的\"人工智能在位企业\"、强劲增长股及优质标的，以捕捉当前较低估值与技术普及浪潮的双重红利。以安德鲁·保克为首的策略团队强调，具备高定价权的AI技术采用者的投资逻辑正在持续强化。\"人工智能普及在短期内带来的积极效应，能够有效缓解受影响行业及整体市场对长期...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1407299.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/1407299.html","article_id":"2614508715","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614508715","pubTimestamp":1772025088,"columns":[{"name":"黄金","id":5,"label_key":null}],"sourceInfo":{"source_id":"stock_zhitongcaijing","name":"智通财经网"},"weMediaInfo":null,"summary":"智通财经APP获悉，摩根士丹利策略师团队指出，因人工智能颠覆性担忧引发的各行业过度抛售，正为精选个股的投资者创造机会。尽管软件板块是受投资者恐慌冲击最严重的板块之一，但该行策略师们表示，市场似乎已假定在位企业难以有效利用人工智能技术实现创新突破。摩根士丹利团队指出，随着人工智能技术的持续演进，银行业将成为人工智能的净受益者——该技术将逐步提升生产效率与盈利水平。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"BK4588":"碎股","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","LU0882574139.USD":"富达环球消费行业基金A ACC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","BK4585":"ETF&股票定投概念","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","BK4127":"投资银行业与经纪业",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4516":"特朗普概念","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","BK4535":"淡马锡持仓","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H",".SPX":"S&P 500 Index","NDX":"纳斯达克100指数","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV"},"translate_title":"Morgan Stanley bucked the trend and spoke out: AI panic is too much, and the market is creating a \"golden pit\" for stock pickers","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NQmain":2,"MNQmain":2,".IXIC":2,"ESmain":2,".SPX":2,"YMmain":2,"NDX":2,"MNQ2603":2,".DJI":2,"MNQ2612":2},"content_text":"智通财经APP获悉，摩根士丹利策略师团队指出，因人工智能颠覆性担忧引发的各行业过度抛售，正为精选个股的投资者创造机会。投资者应重点关注该团队定义的\"人工智能在位企业\"、强劲增长股及优质标的，以捕捉当前较低估值与技术普及浪潮的双重红利。以安德鲁·保克为首的策略团队强调，具备高定价权的AI技术采用者的投资逻辑正在持续强化。\"人工智能普及在短期内带来的积极效应，能够有效缓解受影响行业及整体市场对长期颠覆性变革的焦虑。\"保克在报告中写道。尽管软件板块是受投资者恐慌冲击最严重的板块之一，但该行策略师们表示，市场似乎已假定在位企业难以有效利用人工智能技术实现创新突破。相反，该团队认为人工智能将扩大企业软件的可触达市场，摩根士丹利分析师认为微软(MSFT.US)、财捷(INTU.US)和Atlassian(TEAM.US)等公司已出现\"具吸引力的切入点\"。摩根士丹利团队指出，随着人工智能技术的持续演进，银行业将成为人工智能的净受益者——该技术将逐步提升生产效率与盈利水平。该团队进一步将花旗集团(C.US)、美国银行(BAC.US)、道富银行(STT.US)和Truist Financial(TFC.US)列为分析师眼中\"最具防御性\"的标的。该团队进一步分析指出，在其他板块中，消费金融股也将成为人工智能的净受益者——短期行业颠覆效应将被长期效率提升所抵消;而在保险领域，人工智能虽能逐步优化经纪业务流程，但受制于复杂的合同条款、监管框架及合规要求，短期内难以实现颠覆性变革。在支付和金融科技领域，该行策略师们认为万事达(MA.US)和Visa(V.US)是人工智能及代理商务的净受益者。\"当前情况属于重大投资周期中的典型特征，\"保克及其同事在报告中写道，\"波动幅度通常显著扩大，且在此过程中会出现间歇性的市场阶段——此时市场会同时质疑资本支出的节奏合理性，以及哪些具体市场领域可能面临颠覆性变革的风险。\"","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":6,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2614508715","isCrawlerRequest":true}