Jim Cramer Notes "Keysight's Found a Big Business With AI Data Centers"
Keysight Technologies, Inc. (NYSE:KEYS) is one of the S&P 500 stocks that Jim Cramer shared his take on. Cramer noted the company’s AI-related business. He commented:
Now, we got a bunch of other examples, just looking at the top 10 performers in the S&P 500 last month. In fourth place, there’s this Keysight Technologies, a lot of people are buzzing about Keysight, was up more than 42%. Now, these guys offer electronic design automation software along with test and measurement hardware that customers use to optimize networks and accelerate product design. Keysight’s found a big business with AI data centers helping them run as efficiently as possible. Last month, the company reported a blowout quarter with great guidance.
Keysight Technologies, Inc. (NYSE:KEYS) provides electronic design and test solutions, including specialized software, instrumentation, and systems. The company serves industries like communications, aerospace, and automotive.
The top five contributors for the quarter were Alphabet, Parker-Hannifin, Keysight Technologies, Inc. (NYSE:KEYS), Danaher, and PACCAR. Electronic test and measurement company Keysight Technologies reported strong quarterly results and an even better outlook. Keysight’s end markets have been subdued for the past few years but are now returning to growth.
While we acknowledge the potential of KEYS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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