AI timeshare recommendations - this is what a $3T market cap buys!
You likely don't know the 10th of it. A few days ago, I saw a 96 pg report from BofA-Merrill thta is titled
"AI Revolution: Stock & ETF Beneficiaries"
and then the first sentence:
"We asked 130 of our fundamental equity colleagues to identify Buy-rated names in the BofA Global Research coverage universe that have exposure to the AI theme."
Then, using fine print, they list almost 1.5 pgs of stocks in the US alone. And, here you go ...
Hilton, Hyatt & Marriott are all listed. None of the TS firms are. TS CEOs must be POed, snap the whip on those marketing people who aren't convincing Wall St that theirs is a "
AI STOCK".
96 pgs. Quick browse thru gave me this laugh: Texas Roadhouse is listed. I know next to nothing about TR, but seriously, the TR CEO must be thrilled. The CEO will bring this report to the next BoD meeting: "See what a great job I have done to position this company for the future"
In the near future, HGV's CEO at a Wall St conf: "We are using AI to generate more reserving and exchanging by our members. When members do more reserving and exchanging, their satisfaction increases. WHen their satisfaction increases, they upgrade or buy more weeks. Thus, we are clearly a "AI Stock", with significant tailwinds to the business from AI." Booyah! Pump that PE