Three companies show strong AI growth potential

Three lesser-known stocks are gaining attention for their potential in artificial intelligence (AI) growth. These companies—Johnson Controls, nVent Electric, and GE HealthCare—are not typical AI stocks, but AI plays a crucial role in their business strategies. Johnson Controls is focused on HVAC and building controls. It is forecasted to earn around $4 billion from data centers in 2024. This revenue is part of a larger expected income of $23.4 billion in 2025. The company’s technology is vital for cooling data centers that support AI operations. Additionally, Johnson Controls is working on improving energy efficiency in commercial buildings to meet climate goals. The stock is considered a good investment opportunity, especially at lower prices. nVent Electric specializes in electrical solutions. Its products are essential as the economy shifts to smarter, more electrified infrastructures like data centers and electric vehicle charging stations. In 2024, nVent generated about $3 billion in revenue, with data solutions contributing significantly to this growth. The company expects its sales from data center markets to continue rising in 2025. With current share prices in value territory, nVent is seen as a strong investment option. GE HealthCare offers medical imaging and patient monitoring equipment. It stands out for integrating AI into its products, giving it a competitive edge. GE HealthCare's AI capabilities grew from 58 to 85 authorizations in 2024. This technology helps healthcare providers with precise diagnosis and treatment, ultimately leading to better patient outcomes. The integration of AI is a key factor in the company’s growth prospects. Overall, these three stocks present attractive investment opportunities for those looking for exposure to AI without the steep prices typically associated with the tech sector.