In January 2024, the Biden administration paused federal authorizations for several pending LNG export projects, citing concerns about environmental impacts and domestic energy security. The US Department of Energy later released an assessment indicating that increased LNG exports could add 1.5 gigatons of greenhouse gas emissions annually by 2050, equivalent to a quarter of the current emissions of the US. However, President-elect Donald Trump is set to reverse the Biden administration’s pause on liquefied natural gas (LNG) export approvals, marking a significant shift in US energy policy.
On January 1, Ukraine officially halted the transit of Russian natural gas to several European nations, marking the end of a five-year agreement and closing a chapter in Russia’s decades-long dominance over Europe’s energy markets. The termination of this deal comes amidst the ongoing war between Ukraine and Russia, with neither side willing to negotiate an extension. Europe is expected to rely heavily on liquefied natural gas (LNG) imports. Christoph Halser of Rystad Energy estimates that the EU will need to source approximately 7.2 billion cubic meters of gas from the global LNG market.
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As Europe pivots away from Russian gas, the United States emerges as a key player in filling the supply gap. US LNG exports to Europe have already been rising in recent years, and this shift presents an even greater opportunity for American energy producers. With robust infrastructure and increased LNG export capacity, the U.S. is well-positioned to strengthen its role as a reliable supplier to Europe, enhancing energy security across the continent while bolstering its own energy industry.
The growth of US energy exports hinges on significant investments in infrastructure. According to a report by ICF, prepared for the American Petroleum Institute (API), the development of US oil and gas infrastructure is expected to remain robust through 2035. The report highlights that the primary drivers for continued infrastructure development remain strong. Shale and tight oil resource extraction are projected to continue at a rapid pace, supported by advancements in extraction technologies and favorable market responses to competitive commodity prices. Total capital expenditures (CAPEX) for oil and gas infrastructure are projected to range between $1.06 trillion and $1.34 trillion from 2017 to 2035. This equates to an average annual investment of $56 billion to $71 billion, spanning various infrastructure components, including surface and lease equipment, gathering and processing facilities, pipelines for oil, gas, and natural gas liquids (NGLs), storage facilities, refineries, and export terminals.
As global energy dynamics shift, the United States stands poised to play a pivotal role in ensuring energy security for Europe while driving growth in its own energy sector. With that in context, let’s take a look at the 15 energy infrastructure stocks that are skyrocketing.
Close-up of a liquefied natural gas terminal expelling plumes of smoke.
Our Methodology
To compile our list of the 15 energy infrastructure stocks that are skyrocketing, we used Finviz and Yahoo stock screeners to rank the top 15 energy infrastructure stocks that achieved the highest gains over the past six months. We also included their hedge fund sentiment, which was taken from Insider Monkey’s Hedge Fund database of 900 elite hedge funds as of Q3 of 2024. The list is sorted in ascending order of 6-month performance, as of January 2.
Why do we care about what hedge funds do? 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).
15 Energy Infrastructure Stocks That Are Skyrocketing
15. Targa Resources Corp. (NYSE:TRGP)
Returns in Past 6 Months: 38.54%
Number of Hedge Fund Investors: 45
Targa Resources Corp. (NYSE:TRGP) is a leading provider of midstream energy infrastructure and services, specializing in the gathering, processing, transportation, and storage of natural gas and natural gas liquids (NGLs). The company’s integrated business model, which includes gathering and processing, logistics and transportation, and marketing and distribution, enables it to offer a comprehensive suite of services to its customers, including producers, processors, and end-users of natural gas and NGLs. Targa Resources Corp. (NYSE:TRGP) has a significant presence in the Permian Basin.
Targa Resources Corp.’s (NYSE:TRGP) stock price has increased significantly, driven by a combination of factors. One of the primary drivers of this increase has been the company’s shift to the fee-based business model, which provides a stable source of revenue and reduces the company’s exposure to commodity price volatility. The company’s gathering and processing agreements along with logistics and transportation business have been structured as fee-based contracts, where producers pay a fixed fee for each unit of natural gas or NGLs gathered and processed. This provides Targa Resources Corp. (NYSE:TRGP) with a predictable revenue stream, regardless of the underlying commodity prices.
Looking ahead, Targa Resources Corp.’s (NYSE:TRGP) future outlook appears strong, driven by the growing demand for energy infrastructure in the Permian Basin. The company’s recent announcement of two new gathering and processing plants, Falcon 2 and East Driver, is expected to further drive growth and increase the company’s processing capacity in the region.
14. Golar LNG Limited (NASDAQ:GLNG)
Returns in Past 6 Months: 39.19%
Number of Hedge Fund Investors: 39
Golar LNG Limited (NASDAQ:GLNG) is a leading player specializing in LNG shipping, floating storage regasification units (FSRUs), and floating liquefied natural gas (FLNG) facilities. The company’s primary business involves the ownership and operation of floating LNG (FLNG) vessels, which are used to liquefy and transport natural gas from remote locations to markets around the world. Golar LNG Limited’s (NASDAQ:GLNG) clients include energy majors, utility companies, and governments seeking flexible and efficient LNG infrastructure.
One of the key factors contributing to the increase of Golar LNG Limited’s (NASDAQ:GLNG) stock price is the successful execution of its FLNG projects, including the start-up of its Gimi FLNG unit and the signing of a 20-year charter agreement with Pan American Energy in Argentina. This agreement is expected to generate approximately $500 million in EBITDA per year before commodity exposure.
Another factor contributing to the increase in stock price is the company’s announcement to increase its capacity. The company has recently ordered a new Mark II FLNG unit, which is expected to be delivered in 2027 and has also secured an option for a second Mark II unit. These new units will increase the company’s liquefaction capacity and provide opportunities for new contracts and revenue streams.
13. Kinetik Holdings Inc. (NYSE:KNTK)
Returns in Past 6 Months: 39.50%
Number of Hedge Fund Investors: 24
Kinetik Holdings Inc. (NYSE:KNTK) is a midstream energy company primarily focused on natural gas gathering, processing, and transportation in the Permian Basin. The company operates a network of pipelines and processing facilities to deliver energy products to end markets. Kinetik Holdings Inc.’s (NYSE:KNTK) clients include upstream oil and gas producers and downstream refiners.
Kinetik Holdings Inc.’s (NYSE:KNTK) stock price has experienced a significant increase, driven by the company’s announcement that it had partnered with Diamondback Energy to acquire an additional equity interest in EPIC, bringing Kinetik Holdings Inc.’s (NYSE:KNTK) total ownership to 27.5%. This acquisition was seen as a strategic move by Kinetik Holdings Inc. (NYSE:KNTK) to increase its presence in the Permian Basin and to gain more control over the EPIC pipeline system. Diamondback Energy has committed to transporting a significant portion of its crude oil production through the EPIC pipeline, which will help to increase the pipeline’s utilization and drive revenue growth for Kinetik Holdings Inc. (NYSE:KNTK).
Furthermore, in December 2024, Kinetik Holdings Inc. (NYSE:KNTK) announced the acquisition of natural gas and crude oil gathering systems from Permian Resources for $180 million in cash. This deal includes approximately 60,000 gross operated acres dedicated by Permian Resources under long-term, fixed-fee agreements for natural gas gathering, compression, and processing and crude oil gathering services. This acquisition reinforces Kinetik Holdings Inc.’s (NYSE:KNTK) strategic partnership with Permian Resources, one of the most active and lowest-cost operators in the Delaware Basin, and is expected to drive growth and increase the company’s presence in the region.
12. Kinder Morgan, Inc. (NYSE:KMI)
Returns in Past 6 Months: 41.38%
Number of Hedge Fund Investors: 42
Kinder Morgan, Inc. (NYSE:KMI) is one of the largest energy infrastructure companies in North America, specializing in the transportation and storage of natural gas, crude oil, and refined products. The company owns an extensive pipeline network and storage terminals, that serve power generation plants, industrial manufacturers, and utility companies across the continent.
Over the past six months, Kinder Morgan, Inc.’s (NYSE:KMI) stock price has increased significantly, driven by the announcement of new projects and expansions. The company has recently announced several significant projects, including the $3 billion South System Expansion 4 Project and the expansion of its Gulf Coast Express Pipeline (GCX) in Texas. Furthermore, the company is planning new projects and has a strong backlog of potential projects, with a value of over $5 billion. These projects will increase the company’s capacity to transport and store natural gas, enabling it to meet growing demand from customers.
Looking ahead, Kinder Morgan, Inc.’s (NYSE:KMI) management team sees significant growth opportunities in the natural gas sector, driven by increasing demand from power generation, industrial users, and LNG exports. The company is also exploring opportunities in the renewable energy sector, including carbon capture and storage (CCS) and renewable natural gas (RNG).
11. Dynagas LNG Partners LP (NYSE:DLNG)
Returns in Past 6 Months: 42.12%
Number of Hedge Fund Investors: N/A
Dynagas LNG Partners LP (NYSE:DLNG) is a Greece-based company specializing in the ownership and operation of LNG carriers. The company operates a fleet of six LNG vessels that provide maritime transportation services under long-term charters. Dynagas LNG Partners LP (NYSE:DLNG) serves prominent gas companies such as Equinor, SEFE, and Yamal Trade.
The stock price of Dynagas LNG Partners LP (NYSE:DLNG) has increased significantly, driven by several key factors. One of the primary reasons for this increase is the company’s successful refinancing of its debt. Dynagas LNG Partners LP (NYSE:DLNG) was originally scheduled to pay off a significant portion of its debt in September. However, in June, the company fully repaid its previous credit facility of $408.6 million, ahead of its maturity, and completed a new lease financing agreement with China Development Bank Financial Leasing for four of its LNG carriers. By doing so the company has pushed out its debt maturity to June 2029 for three of its LNG carriers and June 2034 for one remaining vessel, with two of its LNG carriers now operating debt-free. This extension provides Dynagas LNG Partners LP (NYSE:DLNG) with greater financial flexibility and focus on growth and investment opportunities.
As of September 10, Dynagas LNG Partners LP’s (NYSE:DLNG) fleet has a contracted backlog of approximately $1.04 billion, which translates to an average of about $173 million per vessel. This backlog provides a stable and predictable revenue stream, which has helped to increase investor confidence in the company. Additionally, the company’s average remaining charter period of approximately 6.4 years provides a high level of visibility into its future cash flows, which has also contributed to the increase in stock price.
10. Natural Gas Services Group, Inc. (NYSE:NGS)
Returns in Past 6 Months: 42.92%
Number of Hedge Fund Investors: 9
Natural Gas Services Group, Inc. (NYSE:NGS) specializes in the rental and maintenance of natural gas compression units, which are essential for maintaining well pressure and gas flow. Natural Gas Services Group, Inc.’s (NYSE:NGS) clients include oil and gas companies, including independent producers, and midstream companies operating in shales across the United States.
Over the last six months, the stock price of Natural Gas Services Group, Inc. (NYSE:NGS) has experienced a significant increase, driven by a combination of factors. One of the primary reasons for this increase is the company’s strong financial performance, which has been characterized by consistent revenue growth, expanding margins, and improved profitability. In Q3, Natural Gas Services Group, Inc. (NYSE:NGS) reported a 35% increase in rental revenue year-over-year, driven by higher rented horsepower and selected rate increases.
Moving forward, the outlook for Natural Gas Services Group, Inc. (NYSE:NGS) remains bullish, driven by strong market dynamics and the company’s ability to leverage its innovative technology and strong customer relationships to drive growth. The company has increased its guidance for 2024 adjusted EBITDA to a range of $67 million to $69 million, representing 48% growth over fiscal 2023. Additionally, Natural Gas Services Group, Inc. (NYSE:NGS) has provided guidance for 2025 growth CapEx of $90 million to $110 million, which is expected to support new contracts and drive further growth in the company’s rental fleet.
9. Stabilis Solutions, Inc. (NASDAQ:SLNG)
Returns in Past 6 Months: 42.93%
Number of Hedge Fund Investors: N/A
Stabilis Solutions, Inc. (NASDAQ:SLNG) specializes in small-scale liquefied natural gas (LNG) production, storage, and distribution. The company provides LNG solutions to transportation companies, and remote power generation facilities with a focus on the marine, aerospace, commercial, and industrial markets.
Stabilis Solutions, Inc.’s (NASDAQ:SLNG) stock price has increased remarkably, driven by the company’s focus on providing LNG bunkering services to major shipping companies. The company is supplying liquefied natural gas (LNG) as fuel to large cargo ships, allowing them to operate with a cleaner energy source compared to traditional fuels. Another factor contributing to the stock price increase is the company’s expansion into new markets. The company has been actively pursuing opportunities in the aerospace industry, providing LNG to support rocket launches and other high-performance applications. Additionally, Stabilis Solutions, Inc. (NASDAQ:SLNG) has been working to develop its presence in the data center market, providing backup power generation and other services to support the growing demand for cloud computing and data storage.
Furthermore, Stabilis Solutions, Inc. (NASDAQ:SLNG) has been investing in new infrastructure, including the development of a new LNG production facility on the Gulf Coast. The company has also formed partnerships with major customers, such as Carnival Corporation, to provide LNG bunkering services. These partnerships have helped to drive revenue growth and build out its infrastructure.
8. DT Midstream, Inc. (NYSE:DTM)
Returns in Past 6 Months: 44.56%
Number of Hedge Fund Investors: 21
DT Midstream, Inc. (NYSE:DTM) is a leading natural gas midstream company that operates natural gas pipelines, storage systems, and compression facilities across the United States. The company serves power plants, industrial clients, and utility companies to transport their products to market.
DT Midstream, Inc. (NYSE:DTM) is taking a multi-faceted approach to grow its business in the future. One key area of focus is the development of new organic projects, such as the LEAP Phase 4 expansion, which will increase capacity by 200 million cubic feet per day and further expand the company’s integrated wellhead to water system to the LNG corridor. This project, along with others, is expected to drive significant growth in the company’s earnings and cash flow over the next few years. DT Midstream, Inc. (NYSE:DTM) has also announced a number of new contracts with major natural gas producers, including a long-term agreement with a large privately held producer to increase outlet capacity on its Stonewall system.
The stock price of DT Midstream, Inc. (NYSE:DTM) has increased significantly over the last six months, driven by the successful completion of several major projects and the announcement of new contracts with major customers. Additionally, the company’s commitment to environmental sustainability and its efforts to develop new technologies, such as Carbon Capture Solutions, have been well-received by investors. Finally, the upgrade of the company’s credit rating to investment grade by Fitch Ratings has provided an additional boost to the stock price, as it reflects the company’s strong financial position and low-risk profile.
7. Excelerate Energy, Inc. (NYSE:EE)
Returns in Past 6 Months: 65.86%
Number of Hedge Fund Investors: 15
Excelerate Energy, Inc. (NYSE:EE) is a leading provider of integrated liquefied natural gas (LNG) solutions. The company specializes in floating LNG regasification infrastructure, LNG supply, and energy delivery services. Excelerate Energy, Inc. (NYSE:EE) operates both LNG carriers and Floating Storage Regasification Units (FSRU), a vessel that stores LNG and turns it back into gas, once it arrives at its destination.
The stock price of Excelerate Energy, Inc. (NYSE:EE) has increased significantly over the last six months, driven by the company’s strong financial performance and growth prospects. Additionally, the company’s decision to more than double its quarterly dividend has also provided a positive catalyst for the stock. Excelerate Energy, Inc. (NYSE:EE) has signed a strategic partnership agreement with PetroVietnam Technical Services Corporation to develop FSRU-based LNG solutions in Vietnam. This partnership has provided a new market opportunity for Excelerate Energy, Inc. (NYSE:EE).
Excelerate Energy, Inc. (NYSE:EE) has also signed midterm agreements to purchase and sell approximately 0.65 million tons of LNG in one of the Atlantic Basin regions, which will help optimize its supply portfolio and support commercial opportunities in its pipeline. This agreement, along with others is expected to provide a stable source of revenue and help to drive growth for the company. Furthermore, Excelerate Energy, Inc.’s (NYSE:EE) ability to buy and sell LNG at the prices from the European natural gas index, helps to derisk margin and provides a competitive advantage in the market.
6. NCS Multistage Holdings, Inc. (NASDAQ:NCSM)
Returns in Past 6 Months: 69.08%
Number of Hedge Fund Investors: N/A
NCS Multistage Holdings, Inc. (NASDAQ:NCSM) is a leading provider of highly engineered products and support services for oil and gas well completions and field development. The company’s primary products and services include multistage fracturing systems, well construction and completion services, and tracer diagnostics.
The stock price of NCS Multistage Holdings, Inc. (NASDAQ:NCSM) has increased remarkably over the last six months, driven by a combination of factors, including innovation and expansion into new markets. The company has been investing in research and development to enhance its product offerings and improve its services. For example, NCS Multistage Holdings, Inc. (NASDAQ:NCSM) has developed a larger version of its frac sleeve and service tool to be run with 7-inch casing, which is expected to expand its addressable market and enable participation in projects that require greater flow rates, including offshore markets and carbon capture and sequestration applications. Additionally, the company has introduced new technologies, such as its high-performance dissolvable frac plug, which has shown promising results in field trials.
NCS Multistage Holdings, Inc. (NASDAQ:NCSM) is also seeing increased adoption of its existing products, particularly in the Canadian market, where it has a strong presence. The company’s fracturing systems and well construction services are being used by major operators in the region, and it is seeing increased demand for its products and services as operators look to improve the efficiency and effectiveness of their operations.
5. Transportadora de Gas del Sur S.A. (NYSE:TGS)
Returns in Past 6 Months: 75.47%
Number of Hedge Fund Investors: 5
Transportadora de Gas del Sur S.A. (NYSE:TGS) is a leading energy company based in Argentina. The company specializes in the transportation of natural gas and production of natural gas liquids and operates a vast network of pipelines, processing plants, and other infrastructure.
The share price of Transportadora de Gas del Sur S.A. (NYSE:TGS) has soared in recent months, and one of the key reasons behind this surge is the introduction of a methane fee by the Biden administration. The fee, which starts at $900 per metric ton of methane emitted, is likely to benefit Transportadora de Gas del Sur S.A. (NYSE:TGS), which has already implemented measures to reduce its methane emissions. The introduction of the methane fee will create a significant barrier to entry for new producers and make it more expensive for competitors to compete with the company. As a result, Transportadora de Gas del Sur S.A. (NYSE:TGS) will be able to maintain its market share and increase its prices, leading to higher revenue and profitability.
Additionally, Transportadora de Gas del Sur S.A. (NYSE:TGS) has been actively pursuing strategies to grow its business and expand its operations. One key area of focus has been the development of new infrastructure projects that are expected to increase the company’s transportation capacity and enable it to tap into the growing demand for natural gas in the region. Transportadora de Gas del Sur S.A. (NYSE:TGS) has also been actively exploring opportunities to export its services and products to neighboring countries, such as Chile and Brazil, and has established partnerships with major energy companies in the region to pursue these opportunities.
4. Enerflex Ltd. (NYSE:EFXT)
Returns in Past 6 Months: 90.38%
Number of Hedge Fund Investors: 12
Enerflex Ltd. (NYSE:EFXT) is a leading provider of energy infrastructure and energy transition solutions, offering a diverse range of products and services to the global energy industry. The company operates in several key markets, including the United States, Latin America, and the Middle East, and is focused on delivering innovative and reliable customized energy infrastructure solutions to its customers.
Over the last six months, Enerflex Ltd.’s (NYSE:EFXT) stock price has increased significantly, driven by the company’s strong operational performance and growth opportunities in the energy infrastructure and energy transition solutions markets. The company is experiencing robust demand for its energy infrastructure and energy transition solutions, driven by the increasing need for natural gas compression equipment, the growing emphasis on low-emissions natural gas, and the focus on decarbonization. At the same time, supply within this sector has become increasingly consolidated, with three major public companies dominating the market. This consolidation has resulted in improved revenue and more favorable contract terms for companies such as Enerflex Ltd. (NYSE:EFXT).
Another factor that has contributed to the increase in Enerflex Ltd.’s (NYSE:EFXT) stock price is the company’s disciplined approach to capital allocation. In Q3, the company reduced its net debt to $692 million, within its target leverage range of 1.5x to 2.0x. This approach has allowed Enerflex Ltd. (NYSE:EFXT) to increase its quarterly dividend by 50%.
3. Flotek Industries, Inc. (NYSE:FTK)
Returns in Past 6 Months: 107.46%
Number of Hedge Fund Investors: 6
Flotek Industries, Inc. (NYSE:FTK) is a technology-driven company that provides chemistry and data analytics solutions to the oil and gas industry. The company specializes in proprietary chemical products designed to improve well performance and reduce environmental impact. Flotek Industries, Inc. (NYSE:FTK) has established itself as a pioneer in the development of unique and effective chemistry technologies that enhance the efficiency and productivity of oil and gas operations.
Flotek Industries, Inc.’s (NYSE:FTK) commitment to innovation and R&D is a key factor in its success. The company’s team of expert chemists and engineers have developed the JP3 analyzer, which has been approved by the EPA for use in flare monitoring. This technology is a game-changer for the industry and provides accurate and reliable measurements of flare gas composition to enable operators to optimize their operations and reduce their environmental impact. The JP3 analyzer has generated significant interest from investors and has contributed to the stock price increase.
Looking ahead, Flotek Industries, Inc.’s (NYSE:FTK) flare monitoring business is expected to benefit from the implementation of new EPA regulations, which will require operators to monitor and report on their flare gas emissions. Additionally, the company is also seeing significant opportunities in international markets, particularly in Latin America and the Middle East, where its technologies are in high demand.
2. LandBridge Company LLC (NYSE:LB)
Returns in Past 6 Months: 180.78%
Number of Hedge Fund Investors: 12
LandBridge Company LLC (NYSE:LB) is a leading land management company that operates in the Permian Basin, where it owns approximately 220,000 acres of land. The company’s primary business is to manage its land and resources to support oil and natural gas development in the United States. LandBridge Company LLC (NYSE:LB) generates revenue through royalties from oil and gas production on its land, sales of water for fracking, and payments for surface use of its land.
LandBridge Company LLC (NYSE:LB) is actively pursuing opportunities to develop data centers on its land, recognizing the significant growth potential of this emerging trend. The company’s strategic location in the Permian Basin provides a unique advantage, with access to low-cost power, water, and land making it an attractive location for data center operators. LandBridge Company LLC (NYSE:LB) has already seen significant success in this area, with a recent lease development agreement for a 2,000-acre site in Reeves County, Texas, which will be used to develop a one-gigawatt data center. This project is expected to generate significant revenue for the company. The stock performance of LandBridge Company LLC (NYSE:LB) has been exceptionally strong, driven by the company’s successful efforts to capitalize on the growing demand for data centers in the Permian Basin.
Looking ahead, LandBridge Company LLC (NYSE:LB) is well-positioned to continue to capitalize on the growing demand for data centers in the Permian Basin. As the demand for data storage and processing continues to grow, LandBridge Company LLC (NYSE:LB) is expected to play a significant role in supporting the development of new data centers in the region, driving long-term growth and value creation for shareholders.
1. Solaris Energy Infrastructure, Inc. (NYSE:SEI)
Returns in Past 6 Months: 237.28%
Number of Hedge Fund Investors: 20
Solaris Energy Infrastructure, Inc. (NYSE:SEI), headquartered in Houston, Texas, specializes in providing critical infrastructure for energy production, storage, and transportation. The company operates assets spanning natural gas pipelines, storage facilities, and energy logistics hubs. Solaris Energy Infrastructure, Inc.’s (NYSE:SEI) clients include energy producers, industrial facilities, and power generation companies.
In a strategic move to diversify its revenue streams, Solaris Energy Infrastructure, Inc. (NYSE:SEI) acquired Mobile Energy Rentals (MER), a distributed power business, in September 2024. This acquisition marked a significant milestone in the company’s growth trajectory, as it enabled Solaris Energy Infrastructure, Inc. (NYSE:SEI) to enter the rapidly growing market for behind-the-meter power solutions. The demand for behind-the-meter power solutions is being driven by the growing need for reliable and efficient energy supply, particularly in the data center and oilfield sectors.
Solaris Energy Infrastructure, Inc.’s (NYSE:SEI) stock price has increased significantly, driven by the company’s strategic acquisition of Mobile Energy Rentals and its successful integration into the business. The acquisition has not only expanded the company’s service offerings but also enhanced its growth prospects, leading to increased investor confidence. The company’s strong financial performance, including revenue growth and expanding margins, has also contributed to the appreciation of its stock price.
While we acknowledge the potential of Solaris Energy Infrastructure, Inc. (NYSE:SEI) to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SEI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.
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