March 22, 2025 - 05:08
Bokeh Capital Partners founder and chief investment officer Kimberly Forrest has identified AT&T as one of her top stock picks, particularly in light of the growing importance of artificial intelligence (AI) technology. In a recent discussion, Forrest emphasized that AT&T plays a crucial role as a provider of internet infrastructure, which positions the company favorably as demand for data and connectivity continues to surge.
Forrest highlighted that AT&T is compensated for its services as a backbone of the internet, making it a potentially defensive investment choice amid the rapid advancements in AI. As businesses and consumers increasingly rely on AI-driven solutions, the need for robust internet connectivity becomes even more critical. This trend suggests that AT&T could benefit significantly from the ongoing digital transformation.
Investors may want to consider the implications of AI on various sectors, and AT&T's strategic position in the market could offer a unique opportunity for those looking to invest in companies that support the evolving technological landscape.
