NVIDIA sells the shovels. OpenAI digs the gold. Microsoft is building a $200 billion hole in the ground.
BUT WHO THE FK IS HAULING THE ORE?
UNISYS. $UIS. They will be taking the mid sized insurance, construction, trucking, and other mom & pop companies and get them hooked on tokens.
A 150-year-old technology dinosaur currently valued like someone found asbestos in its server room. The global IT services market is roughly $1.57 TRILLION, and UIS currently captures about 0.2% of it. But let's assume AI doubles that market by 2029...
That's $6.28 BILLION in annual revenue.
Some Unisys business lines already generate gross margins above 55%. So, in the spirit of completely irresponsible financial modeling, let's give the whole company a 35% NET profit margin.
$2.2 BILLION IN ANNUAL PROFIT.
Now, Caterpillar gets valued around 22× earnings for moving dirt. Unisys moves digital gold. Why should this dump truck get a discount? Apply that same 22× multiple as CAT, assume 73 million shares outstanding, and...
BACK UP THE FKING TRUCK.
$663 PER SHARE BY 2029.
26,851% UPSIDE FROM $2.46.
I'm tired of hearing about picks and shovels. Let's move on to what we know best.
DUMP TRUCKS.
Back 'em up. The next generation of ballers is coming.