This week's trade
This week’s pick might not seem exciting at first glance…
It’s a global tech leader known for its low valuation and reliable dividend.
What’s more, it’s been trading flat for the last couple of years.
But the company’s recent pivot to AI adds a new growth component to this story…
While it’s taking a little while to show up in this mega-cap’s revenues, the AI segment is already showing remarkable growth… and getting great customer feedback. In fact, three of the top four “AI hyperscalers” (think Big Tech) are customers.
And as AI demand continues to gear up, I expect it to propel this old-school dividend stock to 52-week highs.