Omnicom Group Inc. (OMC): Strategic Shifts and AI-Driven Transformation

Omnicom Group Inc. (NYSE:OMC) is one of the best long-term retirement investments. On January 29, Omnicom Group Inc. (NYSE:OMC) appointed Jantzen Bridges as Global President of Credera, its enterprise transformation consultancy. Bridges, with over 20 years of experience at firms like Accenture and EY, will lead AI-enabled transformation programs, reflecting Omnicom’s push to help clients redesign data platforms and technology strategies as AI reshapes enterprise operations. Credera has more than 4,000 consultants worldwide supporting AI-ready systems and operating models.

Omnicom Group Inc. (OMC): Strategic Shifts and AI-Driven Transformation

On January 21, reports emerged that experimental marketing agency Jack Morton is separating from Omnicom Group Inc. (NYSE:OMC). The spinoff is to take place in a private equity deal, barely two months after Omnicom Group acquired Jack Morton as part of a multi-million-dollar takeover of IPG. The spinoff will result in Jack Morton becoming an independent entity.

Meanwhile, NewsGuard has reportedly sued the Federal Trade Commission for allegedly violating the First Amendment by prohibiting Omnicom from contracting with news ratings services as a condition of its merger with Interpublic Group. Omnicom acquired Interpublic in an effort to strengthen its advertising edge.

According to NewsGuard, the FTC is using its power on an issue that does not concern trade or commerce, but rather to censor speech.

“In addition to the direct restrictions imposed on Omnicom and its affiliates, other NewsGuard clients have been scared away by the FTC’s actions,” NewsGuard alleges.

Omnicom Group Inc. (NYSE:OMC) is a leading global marketing and corporate communications company that provides advertising, strategic media planning and buying, digital marketing, public relations (PR), and customer relationship management (CRM) services. Operating in over 70 countries, it serves over 5,000 clients through renowned agency networks.

While we acknowledge the potential of OMC 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 OMC and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: Top 10 Materials Stocks to Buy According to Analysts and 10 Best Organic Food and Farming Stocks to Buy Now.

Disclosure: None. This article is originally published at Insider Monkey.