Equinor ASA ADREquinor benefits as European countries phase out Russian oil and gas, increasing demand for its natural gas supply
Eric Fry, writing for InvestorPlace, identifies Block Inc., Royalty Pharma Plc, and Equinor ASA as three forever stocks positioned to benefit from the AI age. Block, which operates the Square payment app, helps merchants transact over $200 billion annually and generated $3.2 billion in free cash flow by March 31, a 172% increase year-over-year. Royalty Pharma manages a portfolio of royalties on over 35 commercial products and 17 development-stage drug candidates, leveraging a high-margin business model. Equinor, Norway’s largest energy company and Europe’s biggest non-Russian natural gas supplier, is benefiting as European countries phase out Russian oil and gas.
Equinor ASA ADREquinor benefits as European countries phase out Russian oil and gas, increasing demand for its natural gas supply
Royalty Pharma PlcRoyalty Pharma's royalty portfolio on commercial and development-stage drugs benefits from AI-driven drug discovery and development
Block, IncBlock's Square payment app processes over $200 billion annually and generated $3.2 billion in free cash flow, benefiting from AI-driven payment solutions
Dell Technologies Inc