9 Must-See AI News Updates That Are Trending on Wall Street

7. Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Number of Hedge Fund Holders: 32

Booz Allen Hamilton Holding Corporation (NYSE:BAH) is a military-defense-focused AI stock and the leading provider of artificial intelligence (AI) services to the US government. On February 4th, Bank of America reiterated its “Buy” rating on the stock with a price target of $210. Perez Mora’s buy rating stems from Booz Allen’s strategic positioning and potential for growth. Its critical role in advancing technologies such as cyber and artificial intelligence helps meet the complex requirements of government missions. In addition, investments in key areas such as cyber warfighting and automation, together with strategic partnerships with firms like Palantir, Nvidia, and Amazon Web Services, position it as a bridge between commercial tech and evolving government needs. Perez Mora does acknowledge defense spending cuts but deems them overstated. The firm also said that the recent market sell off following the emergence of DeepSeek was a good chance to purchase the stock at a discount. The company is also suitable to advise on technology given its technical expertise and customer relationships, the firm noted.