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| By Michael A. Robinson |
My competitive side is showing again.
As a former newspaper reporter, I loved getting big stories first. I still do.
I’ve got to say it feels like someone from the Wall Street Journal might have heard my recent talk in Florida.
I spoke at the Weiss Investment Summit in Boca Raton about “What the AI Supercycle Means for Investors.”
In it, I noted the rise of what I call the “digital self.”
This is how AI will soon make online copies of us. They’ll work, research, plan trips and even shop for us.
A few days after my talk, the Journal wrote about this very thing.
It said a major retailer is getting ready to test this tech to give it a jump on the competition.
This is an exciting part of the AI boom. The market for this tech alone could be worth $850 billion.
Today, I’ll show you how to invest in it with a company whose per-share earnings could double in as little as two years.
The AI Supercycle
Right now, there's a $22.3 trillion movement happening. I call it the AI Supercycle, and it will last at least 20 years.
Make no mistake. AI is changing every business sector.
Healthcare, retail, manufacturing, finance, shipping and entertainment are all being transformed.
And I’m just skimming the surface …
All this investment makes AI more powerful. This leads to even more investment, creating a cycle that keeps growing.
For instance, companies across the board have fallen in love with generative AI.
This is AI that creates content like text, images and videos.
Consider that a recent McKinsey & Co. report found that 92% of companies surveyed plan to invest more in generative AI over the next three years.
Creating text and videos with AI is cool. But what about using AI to create an online copy of yourself?
Say Hello to Your Digital Self
That's what I call “digital selves.” You might think your digital self is just your social media profiles and avatars.
But I'm talking about AI bots. These are digital versions of us that can do tasks on their own after some training.
These digital selves can do what we do, like shop online, but often better and faster.
This technology is already being used in retail.
Digital selves can change online shopping.
They can skip past normal online searches and marketing tricks aimed at humans.
AI has already changed how people research products. But buying products without human help seemed too far-fetched.
Not anymore.
Soon, you'll use a digital self to restock groceries or buy a new TV.
Your digital self will search the internet and find products based on what it knows you like.
It can even complete the purchase and make the payment.
Pretty neat, right?
The Journal noted that Walmart is already getting ready for our digital selves.
They're figuring out how to make products appeal to both humans and online AI agents.
This could be a game changer.
It's not just good for shoppers. AI agents can disrupt huge industries, starting with retail and its related marketing.
That's why I'm focused on a software company that's already invested heavily in these AI agents.
Meet Salesforce
Salesforce (CRM) is a cloud-based software company.
It provides customer relationship management solutions.
The company helps businesses manage sales, automate marketing, handle customer support, create customer portals and build custom business apps.
These might sound boring. But no company does them better than Salesforce.
The company has more than 150,000 customers worldwide. They range from small businesses to huge companies.
Major clients include Walmart, Amazon Web Services, Unilever, American Express, T-Mobile, Spotify and Toyota.
Like almost every company, Salesforce uses AI to handle customer tasks more efficiently.
This includes offering its own AI agent.
I think of it as the corporate digital self.
Meet Agentforce — The Digital Corporate Self
Late last year, Salesforce changed its strategy.
It moved away from generative AI "copilots" to autonomous AI agents that work toward goals.
These agents complete multi-step tasks for users. They solve problems and take action.
Salesforce's new agent is called Agentforce.
It's an advanced AI platform that lets clients create, customize and deploy autonomous agents.
These agents can handle various tasks across sales, service and marketing.
Agentforce works with Salesforce's Data Cloud and external apps.
This lets agents access both organized and unorganized data for better customer interactions.
It also uses machine learning to improve over time.
The platform offers customizable AI agents.
Everything from sales coaches to service agents to personal shoppers.
Based on these uses, this could make a lot of money for Salesforce.
Up Next: Earnings Double
Salesforce's AI agents give the company a unique hook, not to mention a competitive moat.
And the numbers confirm why I'm excited about its profit potential.
Over the last three years, Salesforce has grown per-share profits by an average of 38%.
That growth slipped to 21% in the most recent quarter. But blending those results averages out to about 30%.
At that rate, earnings would double in just over two years.
Remember, as earnings rise, stock prices often do, too.
So, investing in Salesforce will tap into the fast-growing trend of AI agent.
It will also put you on the road to wealth that is high tech at the dawn of the AI Supercycle.
Best,
Michael A. Robinson
P.S. Salesforce isn’t alone in its unique AI hook.
There are plenty of others that are already profiting from AI even if no one is yet associating them with this Supercycle.
We recently dug into the 10 best ones.
And while you might be surprised to find so many non-traditional tech companies on this list, you should consider adding them precisely because of that.
