Hubbell: An Unexpected AI Beneficiary, but Shares Look Fully Valued

Hubbell, a company not typically associated with AI, is benefiting from the growth of data centers driven by artificial intelligence. Despite this, its shares are considered fully valued. The company's products, such as electrical and lighting solutions, are in high demand as data centers require more power and specialized infrastructure to support AI applications. However, investors may be taking a cautious approach due to concerns about the company's valuation.