The New AI Revolution Is Here: Buy These 3 Stocks Before They Surge
The New AI Revolution Is Here: Buy These 3 Stocks Before They Surge
Publish Date: 2026-07-07 15:30:00
Source Domain: www.theglobeandmail.com
Here is a summary of key points from the article, using an unordered list:
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AI Market Dynamics: Despite concerns about the “SaaSpocalypse,” Palantir’s AI platform continues to attract government and enterprise clients. Palantir’s revenue surged 85% year-over-year as it added over 200 new customers with contracts exceeding $1 million, and 47 deals exceeding $10 million.
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Alphabet’s Growth: Alphabet, with its cloud platform and Gemini, is expanding its market share. The growth is also notable in Waymo, Alphabet’s self-driving vehicle business, which has already performed over 500,000 fully autonomous rides per week and is poised to make autonomous vehicles more common.
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Sandisk’s Achievements: Sandisk’s earnings have blown out significantly, almost doubling sequentially in its fiscal 2026 Q3, with revenue surging nearly 251% year over year. With solid fundamentals and robust demand for AI infrastructure, Sandisk is expected to continue strong performance.
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Investment Opportunities Beyond Chips: As AI expands beyond just hardware like chips, software, physical AI, and memory storage are identified as underrepresented verticals set to benefit. These areas, while performing well over the past year, are suggested to reward new shareholders with potential future rallies.
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Historical Comparison: The article draws a parallel to 2009’s “Double Down” signal for a then-little-known chipmaker, Nvidia, and mentions that this “Total Conviction” signal currently applies to a company 1/100th the size of Nvidia, suggesting potential significant growth.
These points highlight the evolving dynamics and investment opportunities in the AI sector as it transitions beyond its hardware-centric beginnings.
