# Tom Lee Calls AI Stock Pullback a Correction, Citing Cisco's 1990s Rally By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/36973 Published: 2026-10-21T19:41:25.000Z Updated: 2026-10-21T19:41:25.000Z Section: Investing > The Fundstrat Head of Research described the decline as a buying opportunity and compared it with Cisco’s rise in the 1990s. Fundstrat Head of Research Tom Lee described the pullback in artificial intelligence stocks as a correction and a buying opportunity, drawing a comparison with Cisco’s rally in the 1990s. Lee had previously linked [AI-stock selling to pressure on crypto markets]() as investors in several countries reduced risk exposure. He pointed to concerns about AI financing and model safety, U.S.-Iran military activity, the U.S. midterm elections and rising global bond yields. ## Links in this article - [AI-stock selling to pressure on crypto markets](https://www.tokenpost.com/news/investing/34886)