Colliers International looks interesting at 10x forward earnings for a decent business that AI is unlikely to disrupt notably on a horizon the stock can be judged on. Revenue is inflation-protected and recurring, and asset management and engineering, about half of earnings, are less subject to disruption. Executives have real skin in the game, insiders bought heavily this year and Durable Capital is a top-12 holder. CBRE may be a better pure play on commercial real estate. x.com  x.com 

Credo's near-total share of AI data-center cables and unchanged estimates make its lower multiple look like a fear-driven opportunity. Its stock went from 27x to 20x forward earnings while the supply chain building those systems guided 2027 revenue to double. Buyers this week will probably be very happy a year from now. x.com 

Broadcom's new chip deal with Meta makes it a structural supplier to one of the most aggressive AI spenders, a source of demand investors still underprice. Meta killed its metaverse project and redirected the capital to AI, and it is locking in long-term supply relationships, so the spending is not slowing soon. When the biggest tech companies all race to build the same infrastructure, suppliers like Broadcom just have to keep up with orders. x.com  x.com 

Big tech turning to equity issuance to fund data centers is short-term bullish for picks-and-shovels plays but bearish for Meta over the medium to longer term. A post the author replies to notes these companies were buying back shares at multiples that have not risen, and warns the shift may mean debt markets for data-center builds are getting harder to access. x.com 

Blackstone Data Centers brings an institutional-grade data center platform to public markets just as AI-driven infrastructure demand accelerates globally. The listing is notable because Blackstone has spent years taking discounted REITs private, including American Campus Communities and PS Business Parks, when buying whole companies was cheaper than buying their properties one by one. x.com  x.com 

Meta is the bet to absorb AI demand that slower-spending rivals leave behind. Hyperscalers do not want to lose demand, so the one that keeps building data centers instead of slowing will capture it, and Meta is that company. x.com 

Alphabet's $80B capital raise, with Berkshire Hathaway committing $10B in a private placement, funds compute for unprecedented customer demand, and executives at Google and Berkshire likely understand that allocation better than skeptical retail investors. Unlike Meta's metaverse gamble, this is a joint effort to fund AI data-center buildout, and the stock fell only 1% on the news while still up 35% since April. x.com  x.com  x.com 

Keel Infrastructure is re-rating as an AI infrastructure supplier, backed by scarce grid interconnections and a 2.2 GW power and data-center pipeline across Pennsylvania, Washington and Quebec. Its move to a US headquarters and Delaware incorporation sheds the crypto-miner label and could draw US index and institutional money. The CEO and COO keep buying shares with no insider selling, and the put/call ratio fell from a typical 0.24 to 0.13 in September as traders bet on calls. x.com 

Meta's plan to build a new $10B data center in Canada to expand AI capacity undercuts the media framing that its Meta Compute effort was overbuilding and would cut capex. x.com 

AI infrastructure and adjacent companies could compound for years as the boom shifts from initial infrastructure seeding to deployment across industries. The positioning list spans compute, manufacturing, networking, storage, power, software, data centers and supporting sectors, with Bloom Energy added later. Focus on real demand and bottlenecks, size for volatility and select conviction plays; some names are speculative or execution-heavy.
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