The next AI winners may be these old economy companies embracing the revolution

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Investor Nancy Tengler says a search for more traditional companies embracing digitization could help investors find less ovious beneficiaries of the AI boom.

Investors looking for artificial intelligence beneficiaries outside the megacap tech companies can search in a less buzzy part of markets — old economy stocks. Beyond this year's tech stock leaders such as Nvidia , "it is a broader base in technology" that is set to drive future returns, Nancy Tengler, chief investment officer at Laffer Tengler Investments, said in an interview earlier this month.

Pro's analyst consensus tool shows Emerson has an average buy rating, with almost 24% upside to an average price target of roughly $110. The stock closed Wednesday at $88.83. Another buying opportunity is Xylem , a water treatment company that is expanding its digital capabilities. Notably, Oppenheimer upgraded the stock this month to outperform from perform, saying Xylem's acquisition of Evoqua Water Technologies this year helps set it on a path to 50% digital revenue by 2025.

's Michael Bloom contributed to this report.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Endeavor Investor Silver Lake Wants To Take Company PrivateUPDATED with Silver Lake statement: Possible future paths for Endeavor just narrowed down quite a bit as giant tech and media investor Silver Lake, which is Endeavor’s largest shareholder, said it …
ソース: DEADLINE - 🏆 109. / 63 続きを読む »