- European investors are putting more money into AI and Big Data-focused funds, increasing assets by over seven times in the past five years.
- While the US dominates AI portfolios, Europe holds the largest market share for AI and Big Data fund assets.
- Morningstar identifies Nokia, Novo Nordisk, Ericsson, and Tietoevry as top Nordic AI stocks trading below fair value.
- These Nordic companies have a high consensus score for relevance to AI and Big Data themes, offering potential buying opportunities.
- Novo Nordisk leads in diabetes care products globally, integrating AI for drug discovery and predictive accuracy.
- Nokia, a Finnish company, sees AI potential in network infrastructure, benefiting from substantial AI investments in network and data center buildouts.
- Ericsson, a Swedish telecom provider, benefits from early success in 5G network buildouts but faces challenges with cyclical spending and evolving technologies.
Read more at Morningstar: 4 Nordic AI Stocks to Invest in Now