🔍The I.T. services sector is often overlooked but plays a crucial role in the implementation of AI.
✨Accenture, EPAM Systems, and Globant are recommended as top picks in the sector.
💼People-heavy businesses in the I.T. services sector have the flexibility to adjust their workforce based on demand.
💡These companies are asset light, which contributes to their profitability.
🌐The demand for I.T. services comes from various industries, including large corporations and governments.
Which stocks does Mizuho recommend in the I.T. services sector?
—Mizuho recommends Accenture, EPAM Systems, and Globant as top picks in the I.T. services sector.
What makes the I.T. services sector unique?
—The I.T. services sector is often overlooked but plays a crucial role in the implementation of AI.
How do people-heavy businesses in the I.T. services sector adapt to demand?
—People-heavy businesses in the I.T. services sector have the flexibility to adjust their workforce based on demand.
What is meant by asset light in the context of the I.T. services sector?
—Asset light refers to companies that do not heavily invest in physical assets like data centers, which contributes to their profitability.
Where does the demand for I.T. services come from?
—The demand for I.T. services comes from various industries, including large corporations and governments.
00:00Mizuho initiates coverage on the I.T. services sector, referring to it as the picks and shovels of AI.
00:07Mizuho recommends three stocks to buy in the sector: Accenture, EPAM Systems, and Globant.
00:20The I.T. services sector is characterized by its people-heavy businesses, which can quickly adjust their workforce based on demand.
00:45These companies are asset light, meaning they do not heavily invest in physical assets like data centers.
01:02The demand for I.T. services comes from various industries, including large corporations and governments.
02:03Mizuho believes the I.T. services sector has strong growth potential in the building out of AI.
02:11Investors should consider these stocks as a lower-risk way to get exposure to AI and the implementation of AI by various companies.
04:17VRT is mentioned as an under the radar name worth keeping an eye on, as it provides cooling systems for data centers used in AI.
