1、ab19 August 2025Global ResearchPowered byUBS Evidence LabYESHOLT TMTUnderfollowed Exposure to AI,Accelerating Growth Opportunities&Oracle(ORCL)Underfollowed Exposure to AI The Electronics industry(classified as Electronic Equipment,Instruments&Components under GICS Level 3)is forecasted to reach all

2、-time high CFROI levels in 2025/2026,with both analyst estimate revisions and CFROI revision breadth trending positively driven largely by exposure to the AI infrastructure buildout.The group has been the top-performing industry within the Technology sector in 2025,based on the average price perform

3、ance of the top stocks in each industry(Figure 2).Nonetheless,Electronics still trades at the lowest HOLT Economic PE multiple in the sector and further has the least analyst coverage(i.e.is underfollowed).Accelerating Revenue Growth Opportunities(link to screen in HOLT Lens)We screen for profitable

4、 companies in TMT where revenue growth is accelerating and where these companies have a favorable growth profiles defined by our HOLT growth peer rank.This screen can help investors identify companies that are experiencing a surge in growth(either end market or product driven)along with attractive C

5、FROI characteristics.Figure 1:HOLT Accelerating Revenue Growth Screen 6%50Display only=YesCompanyTickerMarket Cap($B)CFROI FY1Growth Peer RankMomentum Peer RankSales Accelerating?Sub-IndustryORACLE CORPORCL685.4187868YesSystems SoftwarePALANTIR TECHNOLOGIES INCPLTR435.01310098YesApplication Software

6、ADVANCED MICRO DEVICESAMD298.0158825YesSemiconductorsINTUIT INCINTU198.6288382YesApplication SoftwareTEXAS INSTRUMENTS INCTXN175.7176726YesSemiconductorsARISTA NETWORKS INCANET173.4249493YesCommunications EquipmentSPOTIFY TECHNOLOGY SASPOT142.59988YesMovies&EntertainmentAMPHENOL CORPAPH134.0299796Ye