Welcome to Extreme Investor Network, where we provide you with expert insights and unique information on the latest trends in investing. Today, we are diving into the world of artificial intelligence with Victoria Greene, the chief investment officer of G Squared Private Wealth.
Victoria Greene is closely monitoring the artificial intelligence boom and believes that the gap between AI winners and losers will widen in the coming year. According to Greene, AI is transitioning from being just a buzzword to a tangible tool that companies are implementing to enhance their profit margins and revenue. With over $575 million in client assets under management, G Squared is at the forefront of this shift in the investing landscape.
While some may shy away from AI-related stocks due to their expensive valuations, Greene sees this as just the beginning of AI’s potential. She views the use of AI as being in its “early innings” and expects beneficiaries to continue to see significant growth.
But AI-related gains are not limited to just technology stocks, according to Greene. She is particularly bullish on the industrials sector as a longer-term play. Companies in industries such as power infrastructure, warehouse management, transportation, and more are likely to benefit from the efficiency gains brought about by AI implementation. Greene highlights Quanta Services, Eaton, and Emerson Global as some of her top picks within the industrials sector.
On the flip side, Greene points out that not every company will thrive in the era of AI. For example, Tesla, once boosted by the AI boom, is now facing challenges. Similarly, Salesforce recently experienced a significant drop in stock value, signaling potential struggles ahead. Greene believes that legacy software firms like Salesforce could be at risk for disruptions as AI continues to reshape the business landscape.
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