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

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The next AI winners may be these old economy companies embracing the revolution
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. “And that’s our investing theme: Old economy companies that are embracing the digital revolution and the suppliers of the digital, you know, generative AI, cloud and cybersecurity tools,” Tengler added. While megacap tech stocks have outperformed this year, helped by a surge of AI enthusiasm, th

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