This AI Stock Could Gain 53% Following Unwarranted Sell-Off

Opportunity in volatility

💡 Highlights:

• Optimism towards a strong earnings report has been undercut by a market-driven sell-off in AI winners.

• We think that sell-off is overdone — particularly with FY24 P/E moving to the mid-teens, implying minimal mid-term growth.

• As a trusted partner in genAI infrastructure this business can create real value for customers — and shareholders.

• A conservative scenario suggests ~53% upside in the stock.