Artificial intelligence is advancing rapidly, moving beyond tools like ChatGPT to become a critical partner in various fields. In 2026, the focus may shift from potential to profitability as companies seek returns on AI investments.
Goldman Sachs predicts AI companies will invest over $500 billion in 2026. Investors are expected to prioritize firms with solid business models that can maximize AI value, moving away from short-term excitement toward long-term gains.
The Motley Fool's 2026 AI Investor Outlook Report found that 93% of AI investors intend to stay invested over the next year, with no plans to reduce exposure. Among respondents who own AI stocks, 36% plan to allocate more money in the coming year, while 57% expect to maintain current levels.
Investors could seek AI growth without relying heavily on S&P 500 heavyweights like hyperscalers. Companies providing foundational technology for AI buildout, such as data center builders and component suppliers, may attract high interest in 2026.
Emcor, a recent addition to the S&P 500, offers infrastructure services including HVAC, electrical, and security. Data centers have become a major growth driver for the company.
In its last quarter, Emcor's remaining performance obligations surged 29% year over year to a record $12.6 billion. Nearly half of that growth came from network and communications, driven by data centers. Revenue and earnings hit records in Q3, and the company raised its quarterly dividend from $0.25 to $0.40 per share. Emcor also expanded its share repurchase program by $500 million.
"We'll see many fits and starts in the coming quarters and years, but markets will inevitably reflect the impact of AI on productivity, GDP acceleration, and wealth creation over time," said Asit Sharma, Motley Fool AI stock analyst.
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