‘The Tip of the Spear': These 2 IT Service Stocks Are Poised to Benefit From an AI-Driven Technology Cycle, Says Analyst [Yahoo! Finance]
Globant S.A. Common Shares (GLOB)
Last globant s.a. common shares earnings: 2/20 04:15 pm
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Source: Yahoo! Finance
Artificial intelligence technology, including machine learning and natural language processing, has hit the world of information technology like a bolt of lightning, and neither AI nor IT will ever be the same. AI, particularly generative AI, is altering the ways in which we interact with machines, and the ways that machines respond to us. One day soon, it will be possible to just tell computers what you need, and watch them go. For now, however, specialist IT companies are still necessary, and are at ‘the tip of the spear' in the AI-driven tech cycle. Covering this sea-change for the Guggenheim financial services firm, analyst Jonathan Lee sees plenty of room for IT service stocks to reap gains. This sector is poised to benefit as AI takes an ever-larger hold on the digital world. “We believe we are in the early innings of an AI-driven technology cycle,” Lee opined. “IT Services providers are often ‘tip of the spear' for innovation, as those indexed to consulting capabilities h
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News
- Declining Stock and Decent Financials: Is The Market Wrong About Globant S.A. (NYSE:GLOB)? [Yahoo! Finance]Yahoo! Finance
- Globant S.A. (NYSE: GLOB) had its price target lowered by analysts at Citigroup Inc. from $275.00 to $235.00. They now have a "buy" rating on the stock.MarketBeat
- Quickplay's Generative AI Products Sweep Awards at NAB [Yahoo! Finance]Yahoo! Finance
- Should You Add Globant S.A. (GLOB) to Your Portfolio? [Yahoo! Finance]Yahoo! Finance
- Everest Group recognizes Globant as a Star Performer and Leader in the Software Product Engineering Services PEAK Matrix® Assessment 2024 [Yahoo! Finance]Yahoo! Finance
GLOB
Earnings
- 2/15/24 - Beat
GLOB
Sec Filings
- 4/9/24 - Form 6-K
- 3/29/24 - Form 6-K
- 3/5/24 - Form 144
- GLOB's page on the SEC website