"While I continue to be a big fan of the mega-cap tech innovators, I also think some lesser-covered AI firms - at least relative to the likes of Nvidia (NASDAQ:NVDA) and the rest of the titans worth more than $1 trillion - are worth watching and even betting on, even if their narratives require more patience from investors. It's not just about the hyperscalers!"
"At this point, it's tough to tell which companies are timely winners, the longer-term winners that are currently being discounted today, the mild winners, and the many firms that will miss out as the AI revolution continues to play out. Undoubtedly, even the pundits have differing opinions on just how bullish AI will be on productivity and the broad stock market."
The AI boom generates significant buzz alongside major uncertainty about which companies will profit, which will see delayed returns, and which will fail to deliver satisfactory returns on investment. Market outcomes will include timely winners, longer-term winners that are currently discounted, mild winners, and many firms that will miss out as AI adoption progresses. Mega-cap tech innovators remain influential, yet some lesser-covered AI firms could offer attractive, undervalued growth opportunities for patient investors. Applied Materials and Dell Technologies are highlighted as AI-focused, value-oriented candidates after a volatile November and a solid earnings season.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]