Opportunity in 'Old School Capex' Stocks According to BofA Securities’ Savita Subramanian
Tuesday, 23 July 2024, 19:09
Opportunity in 'Old School Capex' Stocks
According to Savita Subramanian, head of U.S. equity and quantitative strategy at BofA Securities, there is a significant opportunity in what she refers to as 'old school capex' stocks. These particular stocks have not yet accounted for any gains associated with the artificial intelligence (AI) boom.
Identifying Undervalued Stocks
- Many traditional capital expenditure stocks remain under the radar.
- These stocks could be undervalued amidst the AI hype.
- Investors may find lucrative returns by considering these overlooked sectors.
Conclusion
Prioritizing investment in these overlooked sectors may play a crucial role in optimizing portfolio performance in the evolving market landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.