35 Non-Tech AI Opportunities Amid DeepSeek Selloff

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34. Science Applications International Corporation (NASDAQ:SAIC)

Number of Hedge Fund Holders: 25

Science Applications International Corporation (NASDAQ:SAIC) provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. There are numerous reasons why investing in this company is worthwhile. The strongest reason is the company’s exceptional financial growth, as illustrated in the fiscal year report for 2024. For instance, in the fourth quarter of the fiscal year 2024, revenues were $1.74 billion, showing 7.7% organic growth, and in fiscal year 2024, revenues were $7.44 billion, indicating 7.4% organic growth. This organic growth reflects the impacts of divestitures and an additional five working days in the prior year, demonstrating resilience and adaptability in maintaining steady business expansion despite structural changes. In addition, the Business Intelligence Group named SAIC’s ReadyOne software a winning product at the 2024 BIG Innovation Awards. ReadyOne is SAIC’s platform to rapidly install and configure readily usable digital engineering ecosystems for engineering teams and stakeholders, which reflects the company’s commitment to AI and adaptability to changing market trends.

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