A bubble may be forming, but there are still good investments in this market: Josh Brown

Although an artificial intelligence-driven bubble has emerged in the market, there are plenty of "real projects" to which investors can still confidently allocate funds, Ritholtz Wealth Management CEO and co-founder Josh Brown said Tuesday on CNBC's "Halftime Report." "Of course, there's a bubble, but … that doesn't mean there aren't real projects that are going to have world-transforming outcomes," Brown said. "You shouldn't say just because there is some speculative activity, therefore I conclude everything is speculative activity." Investors are on tenterhooks as stocks, particularly across the AI industry, continue to notch impressive growth, even as concerns mount that investors may be overestimating companies' abilities to generate revenue. The tech-heavy Nasdaq Composite remained wi