According to CNBC, John Rogers, founder, co-CEO and chief investment officer of Ariel Investments, said investors are overlooking quality companies that could break out if the artificial intelligence trade falls apart. He said many world-class consumer brands are trading at less than 10 times next year's earnings and compared the current setup with the period after the internet bubble burst in 2000, when smaller companies outperformed for several years.

Rogers highlighted OneSpaWorld, Madison Square Garden Entertainment, Sphere Entertainment and J.M. Smucker as names he likes because he believes AI will not disrupt their businesses. OneSpaWorld shares are up about 11% year to date and have 36% upside to the average analyst price target, according to FactSet. Madison Square Garden Entertainment has gained roughly 49% this year, while Sphere Entertainment is up more than 8%; analysts see 16% upside for Madison Square Garden and 64% implied appreciation for Sphere. J.M. Smucker stock is up 20% in 2026, and analysts see 21% upside over the coming year.