Key Points Forgent's sales and profits are growing rapidly. Management expects revenue to increase by 76% in fiscal 2027. These 10 stocks could mint the next wave of millionaires › Shares of Forgent Power Solutions (NYSE: FPS) jumped on Tuesday after the electrical infrastructure manufacturer reported torrid artificial intelligence ( AI )-fueled growth. Image source: Getty Images. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout.
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