6. Willis Towers Watson PLC (NASDAQ:WTW)
Abrams Capital Management Equity Stake: $236.85 Million
Number of Hedge Fund Holders: 37
Willis Towers Watson PLC (NASDAQ:WTW) is one of billionaire David Abrams’ best stock picks. Wall Street also recommends Willis Towers Watson PLC (NASDAQ:WTW). The stock has a consensus Buy rating and an average price target of $358.08, which indicates nearly 30% upside.
On April 9, Cantor Fitzgerald cut its price target on Willis Towers Watson PLC (NASDAQ:WTW) while reaffirming a Neutral rating on the stock. Cantor lowered the price target to $345 from $363 on reduced earnings expectations for the company.
The firm now expects Willis Towers Watson to deliver Q1 2026 EPS of $3.59, down from $3.68 previously. It also slashed its 2027 operating EPS estimate to $22.18 from $22.67. Cantor made these reductions on account of higher corporate expenses. The firm also mentioned potential AI pressure on the company’s consulting business.
On the same day that Cantor Fitzgerald lowered its estimates on Willis Towers Watson, the company announced the launch of a new insurance offering. Willis Towers Watson unveiled an insurance package targeting data center owners and operators.
This package can provide coverage for data centers during construction and operations phases. The company notes that the rapid pace of data center development has created unusual complexities that make traditional insurance insufficient.
As Willis Towers Watson broadens its insurance offering with the data center coverage, the company is also shoring up its investment arm. So far in 2026, the company has completed two strategic acquisitions. On April 1, it announced the closing of the acquisition of FlowStone Partners. Willis Towers Watson said FlowStone brings new private market solutions, and that this acquisition will expand its ability to give clients better access to private equity.
Back in January, Willis Towers Watson completed the acquisition of Newfront, a brokerage with elite expertise and cutting-edge technology. Willis Towers Watson counts on Newfront to expand its US middle market capabilities and bolster its standing in high-growth sectors such as fintech and life sciences.
Willis Towers Watson PLC (NASDAQ:WTW) operates as an advisory, broking, and solutions provider. Its services span areas such as risk management consulting, insurance brokerage, and human capital management. It also offers investment advice to pension funds and other institutional investors. The company is based in London, UK.
While we acknowledge the potential of WTW to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WTW and that has 100x upside potential, check out our report about the cheapest AI stock.
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