One analyst’s biggest software winners under AI push

AI has many on Wall Street captivated as more companies integrate artificial intelligence into their systems or widen development spending into AI-powered products. In the tightening AI race, who will stand to benefit the most early on, and who can be expected to catch up? Guggenheim senior research analyst and senior managing director of software John DiFucci joins Market Domination to give insight into how investors can navigate the software space under AI catalysts. DiFucci points out which sectors have the most to gain from AI at this moment, especially cybersecurity. "You probably get the development platforms that benefit more, beyond that and cloud vendors and maybe the data preparation vendors, they probably benefit. But beyond that, it's really hard to tell," DiFucci tells Yahoo Finance. DiFucci claims Oracle (ORCL) is a good pick that will benefit from the AI buzz: "There's several reasons for it frankly when it comes down to it. We just think that over time, they're going to continue to put up really good numbers and you're going to see their cash flow grow." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino Read More...