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Gen Digital Inc. delivered another 10.6% earnings gain as cybersecurity demand strengthens and the firm’s AI tool boosts its offering.

Artificial intelligence (AI) is an example of an investment idea that could boost your investment returns, or, more likely, end up costing you money. All in all, we think that the biggest, surest gains from AI will come from investing in established businesses that are already profitable and growing, and that can gain all the more by applying AI to their operations.


Here are two companies that are already profitably taking advantage of AI, and they should be among the leaders in the push to extend AI’s use:


ADOBE INC., $508.13, is a #1 Power Buy for your 2024 investing. The company (Nasdaq symbol ADBE; TSINetwork Rating: Average) (www.adobe.com; Shares outstanding: 452.5 million; Market cap: $225.3 billion; No dividends paid) has just announced that it will unveil a new generative AI-powered video creation and editing tool in a limited release later this year.


Called Adobe Firefly Video Model, the new tool will establish Adobe in the growing market for AI-based video generation tools, a space already targeted by OpenAI’s Sora, Stability AI’s Stable Video Diffusion, and other AI video apps from smaller startups....

We keep an eye on activist investors, as they tend to look for the same things we do—companies with undervalued assets that they can sell or spin off to improve shareholder value. Two recent targets, Kinaxis and News Corp., have attractive assets. However, they will probably resist activist demands, which could hurt their stock prices.


KINAXIS INC....

Nvidia reported robust revenue and earnings in the recent quarter and while it’s up a stellar 162.4% over the last year, we continue to strongly recommend it.

Artificial intelligence (AI) is an example of an investment idea that could boost your investment returns, or, more likely, end up costing you money. All in all, we think that the biggest, surest gains from AI will come from investing in established businesses that are already profitable and growing, and that can gain all the more by applying AI to their operations.


Here are two companies that are already profitably taking advantage of AI, and they should be among the leaders in the push to extend AI’s use:


PAGERDUTY INC., $19.68, is a buy. The company (New York symbol PD; TSINetwork Rating: Extra Risk) (www.pagerduty.com; Shares outstanding: 95.6 million; Market cap: $1.9 billion; No dividends paid) operates a platform that collects real-time data from software systems and devices and then notifies its IT customers of any incident that could harm their operations.


The PagerDuty platform sits on top of a company’s technology systems, taking in data....

Dear Client,

In July 2024, I commented in our weekly Inner Circle Question & Answer Report that a lot of changes are now going on in the world, particularly in U.S. politics and law. Some of these changes are good and others are bad. Some are trivial and others will have longstanding consequences.

At the time, I said that one of the most far-reaching and beneficial developments in U.S....

Artificial intelligence (AI) is an example of an investment idea that could boost your investment returns—or more likely end up costing you money. All in all, we think that the biggest, surest gains from AI will come from investing in established businesses that are already profitable and growing, and that can gain all the more by applying AI to their operations.


Here are two companies that are already profitably taking advantage of AI, and they should be among the leaders in the push to extend AI’s use:


EXPEDIA GROUP INC., $135.54, is a buy. The company (Nasdaq symbol EXPE; TSINetwork Rating: Average) (www.expediagroup.com; Shares outstanding: 142.6 million; Market cap: $18.5 billion; No dividends paid) has just unveiled a new AI assistant, Romie....

A: Ivanhoe Electric Inc., $15.86, symbol IE on Toronto (Shares outstanding: 120.3 million; Market cap: $2.0 billion; www.ivanhoeelectric.com), aims to produce copper and other minerals, such as cobalt and nickel, necessary for the production of electric vehicles (EVs) and clean-energy technology.

Ivanhoe currently owns the Santa Cruz copper project in Arizona, which it believes is the second-largest copper deposit in the U.S....

Barrick Gold has received the green light to commence operations at the Goldrush underground mine as it continues to deliver strong cash flow and a solid yield.

Gen Digital is trading at a low valuation of just 12.2 times forecast earnings even as its current profits rose 13.5% in the most recent quarter.