Undervalued Stocks Poised to Outperform When AI Rally Slows, Says Ariel Investments’ John Rogers

He highlighted several attractively priced consumer brands that are unlikely to be disrupted by AI. One example is OneSpaWorld, a health‑and‑wellness operator that provides spa services on cruise ships; its shares are up roughly 11% year‑to‑date, carry an average analyst buy rating and show about 36% upside to the consensus price target per FactSet. Rogers also favors Madison Square Garden Entertainment and Sphere Entertainment. Madison Square Garden runs venues such as its namesake arena and Radio City Music Hall, gaining about 49% so far this year with an overweight rating and 16% upside to analysts’ consensus target. Sphere, which owns and operates the Las Vegas Sphere arena and MSG Networks, has risen more than 8% year‑to‑date, carries a buy rating and offers roughly 64% implied appreciation to its consensus target, according to FactSet.

Another pick is packaged‑goods company J.M. Smucker, maker of Folgers coffee, Jif peanut butter and Smucker’s jams and jellies. The stock is up around 20% in 2026, holds an overweight rating and projects roughly 21% upside to its average price target. “We think these businesses will really shine going forward,” Rogers concluded.

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