BlackRock highlights HALO stocks as investors grow more selective on AI
Updated
Updated · Benzinga · May 4
BlackRock highlights HALO stocks as investors grow more selective on AI
3 articles · Updated · Benzinga · May 4
In an April 30 note, the asset manager said markets are distinguishing between companies helped by AI and those vulnerable to disruption.
It defined HALO as heavy-assets, low-obsolescence businesses with hard-to-digitise infrastructure, arguing AI can improve efficiency rather than replace their core operations.
BlackRock cited PPG Industries, whose AI-assisted chemical modelling helped develop a fast-drying automotive clear coat, as it urged more active, diversified AI investing beyond chips and cloud.
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