{
  "id": 19403559,
  "title": "The Overlooked AI Trade Hiding in a Beaten-Down Corner of the Market",
  "url": "https://urgent.news/2026/11/10/the-overlooked-ai-trade-hiding-in-a-beaten-down-corner-of-the-market",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-10T22:01:36.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/11/10/the-overlooked-ai-trade-hiding-in-a-beaten-down-corner-of-the-market/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Recent jobs data in the United States contradicts the common belief that artificial intelligence will lead to a decline in consulting jobs. According to preliminary Bureau of Labor Statistics data, employment in U.S. management and technical consulting rose by 17,300 in October to around 1.9 million, marking the largest monthly gain since December 2024. This increase brought the year-over-year growth to approximately 46,000 jobs, or a 2.5% rise. LPL Financial attributes this trend to companies hiring specialized workers to integrate AI technology into their existing workflows, a process similar to the hiring surge observed during the late 1990s when businesses adopted the internet. Despite this, AI-related consulting services have faced declines in stock prices, with companies like Accenture, Cognizant, and Infosys experiencing significant drops. Accenture, the largest player in this sector, has seen a modest 6% revenue growth for its fiscal year ended August 31 and anticipates further growth in the current fiscal year. While the company remains optimistic about AI's potential to create new business opportunities, it also acknowledges the risk that AI could reduce demand for its services. The disparity between the positive job data and the stock price decline suggests that AI's impact on the consulting industry may be in its early stages, making currently undervalued consulting stocks, such as Accenture, potential overlooked winners.",
  "summary": "Consulting stocks have slumped this year on fears that AI will replace them. But the newest jobs report shows companies hiring consultants at the fastest pace in nearly two years.",
  "key_points": [
    "U.S. management and technical consulting jobs rose 17,300 in October.",
    "AI integration driving demand for specialized consulting workers.",
    "Accenture sees modest revenue growth but acknowledges AI's potential risks."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}