35 Non-Tech AI Opportunities Amid DeepSeek Selloff

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17. Tetra Tech, Inc. (NASDAQ:TTEK)

Number of Hedge Fund Holders: 39   

Tetra Tech, Inc. (NASDAQ:TTEK) provides consulting and engineering services in the United States and internationally. There are various aspects that contribute to this company being an appealing investment. The most impactful one is the company’s strong growth and increasing market demand, illustrated in the report for the third quarter of 2024. For instance, the annual revenue was $5.20 billion, increasing 15% year-on-year, highlighting significant overall sales growth. Moreover, record annual net revenue was $4.32 billion, increasing 15% year-over-year, which reflects a higher level of sales after accounting for returns, discounts, and other adjustments. In addition, the company is using its Tetra Tech Delta technology enablement program to support innovation, community partnerships, and data-sharing infrastructure to better collect, process, and share high-quality georeferenced training data for ML models. This Enabling Satellite-based Crop Analytics at Scale (ECAAS) Initiative is a multiphase project funded by the Bill & Melinda Gates Foundation to unlock the promise of satellite remote sensing for smallholder agriculture.

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