BU BUR Burford Capital Limited Loading... : Bullish and Bearish Analyst Opinions

Wellum argues the market has indiscriminately sold off service companies due to AI fears. He is buying ServiceNow (NOW) and likes Thomson Reuters (TRI) and Burford Capital (BUR). Not all service companies will be replaced by LLMs. Companies with proprietary, patent-protected data (Thomson Reuters' Westlaw), high switching costs (ServiceNow), or those requiring massive balance sheets for litigation finance (Burford) have moats that AI cannot easily replicate. LONG. These are value plays where the market has wrongly priced in "AI obsolescence." AI capabilities accelerating faster than expected, breaching these perceived moats.