The semiconductor stocks have had an incredible run, but as the AI revolution moves further down the stream to some of the software names, a new slate of winners may be minted in the new year. Undoubtedly, AI hardware (think custom accelerators and GPUs) and the other ingredients that go into AI data centers (high-performance memory and optical cables) will always be lucrative as the AI revolution moves on.
That said, some of the AI-capable enterprise software firms, many of which have been in a funk over the past year or so, still seem to be undervalued relative to the AI tailwinds that may be just starting to propel them higher.
Let’s check in on two of the names worth stashing on the radar going into 2025, a year that could be full of new AI advancements, most notably agentic AI.
This post originally appeared at 24/7 Wall St.