AI Fatigue? These 3 Analyst-Upgraded Stocks Offer Real Growth Potential

Group 1 - Market momentum may be shifting as investors are sensing the threat of a possible AI bubble and are seeking companies with strong fundamentals over more speculative plays [3] - A new set of upgrades from analysts highlights three companies: Carpenter Technology Corp. (NYSE: CRS), Booking Holdings Inc. (NASDAQ: BKNG), and Allegheny Technologies Inc. (NYSE: ATI), providing a diversified list of names that may withstand market uncertainty [4] - Carpenter Technology focuses on specialty metals used in aerospace, defense, energy, and medical sectors, and has a valuable niche in producing superalloys relied upon by aerospace manufacturing clients [5] Group 2 - Carpenter Technology is exposed to vulnerabilities in the aerospace and defense industries, but benefits when these sectors thrive, with analysts expecting more than 20% upside in the near term due to higher engine production and increased defense demand [6] - Carpenter's first-quarter fiscal 2026 earnings report showed a solid EPS beat by 30 cents, with record adjusted operating income driven by favorable pricing and productivity gains [7] - The company has negotiated multiple long-term agreements with major price increases, locking in its fundamental strength for future quarters, leading to a flurry of analyst upgrades and raised price targets [7] Group 3 - Recent ratings upgrades by analysts indicate strong fundamentals for Carpenter Technology and Allegheny Technologies, both closely tied to the thriving aerospace and defense industries [8] - Booking Holdings has attracted investor attention due to its climbing top and bottom lines despite facing industry headwinds [8]