Investor Victoria Greene on navigating the AI boom as it boosts stocks beyond the tech sector

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 72%

Investment Strategy News

Stock Markets,Quanta Services Inc,Eaton Corporation PLC

Outside of tech stocks, investor Victoria Greene sees the industrials sector as a potential beneficiary of the AI revolution.

Like most investors, Victoria Greene is keeping an eye on the artificial intelligence boom. The chief investment officer of G Squared Private Wealth believes the divergence between AI winners and losers will widen this year. She expects artificial intelligence to become less of a buzzword and more of a real tool that companies implement to improve their profit margins and revenue. G Squared manages more than $575 million in client assets.

For instance, she's bullish on the industrials sector as a longer-term play. "You're going to continue to see so much upgrade. This AI shift is not a flash in the pan," she noted. "This is going to be people continuing to need more power.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines