Tue Sep 17 05:17:33 UTC 2024: ## Marsh & McLennan Companies: A Non-Tech AI Stock with Potential, But Not the Top Choice

**New York, NY** – Marsh & McLennan Companies, Inc. (NYSE:MMC), a professional services firm specializing in risk, strategy, and human resources, has attracted attention for its use of AI. The company has developed a generative AI tool called LenAI, designed to boost productivity by automating tasks, and leverages AI to aid clients in navigating risk management and workforce transformation.

However, while Marsh & McLennan Companies has potential, it might not be the best AI investment for those seeking fast returns, according to a recent article from Insider Monkey. The publication compiled a list of 35 non-tech stocks with long-term investment potential, placing MMC in 10th place.

“While we acknowledge the potential of Marsh & McLennan Companies, Inc. (NYSE:MMC) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe,” the article states.

The publication cites Goldman Sachs’ analysis of the AI boom, which predicts four phases:

1. **Chipmakers:** This phase has already been dominated by NVIDIA.
2. **AI Infrastructure:** Companies involved in semiconductors, data centers, networking, cloud, and security are currently seeing strong returns.
3. **AI Products:** Companies integrating AI into their products to boost sales have faced recent challenges.
4. **Productivity Gains:** Companies realizing productivity gains from AI adoption are largely untapped and expected to see significant growth in the future.

MMC falls into this fourth phase, with its focus on using AI to improve internal efficiency and client services. However, Insider Monkey suggests that investors seeking faster returns should explore other, potentially more promising, AI stocks.

For those interested in a cheaper AI stock, the publication recommends consulting their report on the cheapest AI stock, which could offer a more favorable investment opportunity.

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