Morgan Stanley’s 15 Best European AI Stocks

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9. The Sage Group plc (OTC:SGGEF)

Number of Hedge Fund Holders: N/A

The Sage Group plc (OTC:SGGEF) provides technology solutions and services for small and medium businesses in the United States, the United Kingdom, France, and internationally. The company is headquartered in the United Kingdom. Last year, analysts at JPMorgan had placed the firm among a basket of European equities that would emerge as a winner from the AI boom. In the past six months, the share price of the company has jumped by more than 27%. Steve Hare, the CEO of the firm, has attributed the strong revenue growth of his business in 2024 to innovation, like the introduction of latest AI-powered solutions, as well as disciplined cost control. Per Hare, this drove efficiency leading to good levels of margin expansion and a significant uplift in EPS and free cash flow.

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