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BofA Raises its Price Target on Hartford Insurance (HIG) to $138

The Hartford Insurance Group, Inc. (NYSE:HIG) is one of the 9 Most Profitable Undervalued Stocks to Buy Now.

On April 13, 2026, BofA raised its price target on The Hartford Insurance Group, Inc. (NYSE:HIG) to $138 from $136 previously and maintained a Neutral rating on the shares, reflecting updates to peer multiples and the impact of Q4 developments across its U.S. insurance coverage.

On the same day, The Hartford Insurance Group, Inc. (NYSE:HIG) and the University of Connecticut announced the early stages of a collaboration focused on energy innovation, business resiliency, and extreme heat research. The partnership includes a philanthropic investment in the Korey Stringer Institute, aimed at advancing worker safety insights related to heat exposure, as well as a fellowship program with UConn’s Institute of the Environment and Energy centered on energy innovation.

On April 8, 2026, The Hartford Insurance Group, Inc. (NYSE:HIG) appointed Natalie Burns as head of Enterprise Sales & Distribution, effective May 1, reporting to Tracey Ant, head of Middle & Large Business. In this role, Burns will focus on strengthening relationships with key distribution partners and coordinating across Personal and Business Insurance and Employee Benefits sales teams to support growth. She succeeds Stephen Screen, who recently transitioned to lead Alternative Placement Solutions within the company’s Global Specialty unit.

The Hartford Insurance Group, Inc. (NYSE:HIG) provides insurance and financial services across multiple markets.

While we acknowledge the risk and potential of HIG 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 HIG and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

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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…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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