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Bank of America Increases Atmos Energy (ATO) Target, Maintains Neutral Stance

Atmos Energy Corporation (NYSE:ATO) is included among the 10 Best Large Cap Dividend Growth Stocks to Invest in.

On April 27, Bank of America analyst Ross Fowler raised the firm’s price recommendation on Atmos Energy Corporation (NYSE:ATO) to $206 from $177. It reiterated a Neutral rating on the shares. The firm expects Atmos to report Q2 EPS of $3.39, matching consensus, the analyst tells investors in a preview. The firm is rolling its valuation year to 2028.

On April 21, Truist Financial initiated coverage of Atmos Energy with a Hold rating and a $195 price target. The firm launched coverage of 20 names in the power and utilities group. Vertically integrated electric utilities are “clear winners” in building the infrastructure to serve load growth for data centers, the analyst tells investors in a research note. Truist believes investors should lean into growth in the space and names American Electric Power, Entergy Corporation, and Xcel Energy as top picks. It also highlights Ameren Corporation, CMS Energy Corporation, and DTE Energy Company.

Atmos Energy Corporation (NYSE:ATO) is a natural gas-only distributor. The company delivers natural gas to over 3.3 million distribution customers across more than 1,400 communities in eight states, mainly in the South. It also manages proprietary pipeline and storage assets, including intrastate natural gas pipeline systems in Texas.

While we acknowledge the risk and potential of ATO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ATO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best High-Yield Dividend Growth Stocks to Buy Right Now and 10 Innovative Dividend Stocks to Buy Right Now

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

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