Published on 21 Aug 2024 on Insider Monkey · via Yahoo Finance
The Sage Group plc (SGGEF): Morgan Stanley is Bullish on This European AI Stock...
We recently compiled a list of the 15 Best European AI Stocks According to Morgan Stanley. In this article, we are going to take a look at where The Sage Group plc (OTC:SGGEF) stands against the other European AI stocks approved by Morgan Stanley.
There are several ways that investors are approaching the artificial intelligence (AI) boom that has been sweeping global markets since the end of 2022. The most obvious bets have been placed in sectors like semiconductors, software, and biotechnology, at least that is what investors in the United States have been up to. However, the habits of their European counterparts seem a tad different. Across the pond, stock pickers have been making bull calls on more established names to ride the AI wave, namely the utilities, commodities, and professional data providers, among others. Economic experts are describing this as the next phase of investments in the AI universe.