The bull market we are witnessing is fueled by AI. In particular, AI-related capex. Amid fears of circular accounting while a bubble is underway and ready to pop, we could consider stocks that are, so to speak, AI-resistant. By this, I don't mean that they are immuneI’m a long-term investor focused on U.S. and European equities, with a dual emphasis on undervalued growth stocks and high-quality dividend growers. Through years of experience, I’ve learned that sustained profitability—evident in strong margins ...