Jeff Kilgore Recommends 3 Tech Stocks to Benefit from AI Spending
ANET Arista Networks Inc
$215.36 +4.09%
View chart & analysis → - 1Jeff Kilgore bought Fortinet and Cloudflare for the fourth quarter.
- 2Arista recorded a 58% stock price increase this year and showed an operating margin of nearly 50%.
- 3Fortinet, which recorded a 130% stock price increase this year, is trading at approximately 53 times expected earnings.
So what's the key point?
Jeff Kilgore selected three tech companies that will benefit from artificial intelligence spending. Fortinet's stock price has risen 130% this year, but its price is high relative to its earnings.
Source BeInCrypto · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.