Forget Nvidia: Kerrisdale Says This Under-The-Radar AI Stock Could Rally 100% Or More

When investors think about artificial intelligence winners, names like Nvidia Corp. (NASDAQ: NVDA ), Broadcom Inc. (NASDAQ: AVGO ) and Micron Technology Inc. (NASDAQ: MU ) typically dominate the conversation. Kerrisdale Capital believes investors may be overlooking another AI beneficiary: Regal Rexnord Corp. (NYSE: RRX ). In a new investment note, the activist investment firm argues the industrial manufacturer has quietly evolved into an AI infrastructure play through its growing exposure to data centers, robotics, industrial automation and aerospace, yet continues to trade at a significant discount to peers. That disconnect, Kerrisdale says, could send the stock more than 100% higher. Regal Rexnord: Industrial Company To AI Infrastructure Play Kerrisdale argues that Regal Rexnord today looks very different from the company investors remember just a few years ago. The transformation b...