'Stocks are the place to be': Wharton professor Jeremy Siegel says rising geopolitical risks represent a buying opportunity

• Investors should favor stocks over bonds amid rising geopolitical risks and elevated inflation.
• Wharton professor Jeremy Siegel outlined the case for stocks in both the short and long-term.
• "Stocks climb the wall of worry. When there's no cloud in the sky, you're buying too high," Siegel said.

Despite elevated inflation, volatile interest rates, and rising geopolitical risks, "stocks are the place to be," according to Wharton professor Jeremy Siegel.

Siegel told CNBC on Monday that investors should continue to favor stocks over bonds as economic growth stays strong thanks to productivity growth, partially enabled by the growing adoption of artificial intelligence.