traditional IT companies: It is good to be with the traditional IT cos as they are adopting to AI and new ideas: Vinit Sambre
Vinit Sambre believes that the IT sector is a decent sector to be in due to cash flow generation, dividend payouts, and long-term growth opportunities. He emphasizes the importance of traditional IT companies embracing the generative AI space, which is expected to grow. Sambre acknowledges the interest rates globally and the potential impact on the economy, which is driving investors to look ahead. In terms of IT investment, Sambre remains equal to underweight but highlights the positive busines...
Source: indiatimes.com