economy
Investor Joe Terranova Buys These AI Plays With 'Strong Momentum, Strong Fundamentals'
Investor Brian Belski also shared some recent stock picks on CNBC's 'Halftime Report' on Tuesday afternoon.
TL;DR
- Joe Terranova reallocated funds to Twilio and Generac, citing their participation in the AI trade with strong momentum and fundamentals.
- Twilio benefits from agentic AI in messaging and voice, while Generac provides backup power for AI data centers.
- Brian Belski purchased Dick's Sporting Goods and Academy Sports and Outdoors, seeing value in their retail operations and leisure exposure.
- Belski also invested in American Airlines and Hyatt Hotels for travel sector diversification and exposure to strong performers.
- Eversource Energy was highlighted as an AI power play with a significant dividend yield.
- Stephanie Link recommended Alcoa, projecting substantial aluminum demand growth and positioning Alcoa as a key beneficiary.