Gartner Inc. (IT)
Pitch Summary: High-quality, subscription research franchise (GTS/GBS) with durable moats, negative working capital, and strong FCF; market is mispricing it as an “AI loser” despite management data showing demand intact and AI a net tailwind (productivity + client engagement). Federal (DOGE) budget resets and tariff-driven CFO scrutiny slowed 2025 CV growth, but non-federal pipeline is […]
