We recently compiled a list of the 11 AI News That You Should Not Miss. In this article, we are going to take a look at where Oshkosh Corporation (NYSE:OSK) stands against the other AI stocks.
The tech industry is undergoing significant changes, with increasing competition in AI, evolving regulatory landscapes, and strategic moves by major companies to stay ahead. These shifts are shaping the strategies and priorities of both established players and emerging competitors. The trends reveal a pivotal moment for the tech industry, where success will depend not only on innovation but also on the ability to balance growth with regulatory compliance and strategic partnerships in the evolving market.
AI Competition and Regulatory Shifts in Focus
In a CNBC interview, Jessica Lessin, founder, and CEO of The Information, shared her perspectives on the shifting dynamics of the tech industry, addressing challenges in AI competition, regulatory changes under new leadership, and the evolving roles of major companies in the semiconductor and AI sectors. On Nvidia, she acknowledged its strong position in GPUs but highlighted rising competition in AI, such as Broadcom partnering with Apple on AI chips. She emphasized the need for investors to closely monitor tech companies’ efforts to expand their AI capabilities.
Discussing tech executives meeting with President-elect Trump, Lessin said the focus is on navigating regulatory changes, including M&A deals and tariff policies. She noted the unusual eagerness of some leaders to publicize their visits, contrasting with figures like Zuckerberg and Cook, who are more focused on understanding the shifting landscape.
On AI, Lessin pointed out that large language models are becoming commoditized, prompting companies like Google, OpenAI, and Amazon to prioritize monetization and differentiation. She sees AI as a key growth area for these firms, despite significant investments. Surprising moves, such as the iPhone maker’s use of AWS chips, reveal unexpected competition in the chip sector, keeping the race highly dynamic on multiple fronts.
READ ALSO: 10 Companies Hoarding Bitcoin Like There’s No Tomorrow and 10 Important AI Announcements for Investors.
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A worker welding an intricate frame in a factory for heavy construction machinery.
Oshkosh Corporation (NYSE:OSK)
Number of Hedge Fund Holders: 33
Oshkosh Corporation (NYSE:OSK) designs and manufactures purpose-built vehicles for construction, defense, and vocational markets. Its products support AI-driven applications in the industrial, defense, and emergency response sectors.
It was announced on December 17 that Oshkosh Corporation (NYSE:OSK) will debut at CES 2025 from January 7-10 in Las Vegas, showing innovations in electrification, AI, autonomy, connectivity, and analytics. At booth #5616 in the LVCC West Hall, Oshkosh will display advancements transforming tough jobs, and improving safety, productivity, and sustainability.
Key features include electric and autonomous airport ground equipment, electric fleet vehicles for safer and cleaner communities, and connected construction equipment improving job site efficiency. Oshkosh executives will participate in CES panels, discussing robotics, AI’s role in automotive advancements, and autonomous solutions for safety and efficiency in construction and manufacturing. Sessions will occur on January 8-9 at the LVCC West Level 2.
Overall OSK ranks 8th on our list of the AI stocks you should not miss. While we acknowledge the potential of OSK as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than OSK but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.