What are the 6 AI stocks to bet on?
The Motley Fool has positions in and recommends Alphabet, Apple, Meta Platforms, and UiPath.
| Company (TICKER) | 1-Year Return |
|---|---|
| Meta Platforms, Inc. (META) | 175% |
| Advanced Micro Devices, Inc. (AMD) | 140% |
| Amazon.com, Inc. (AMZN) | 90% |
| Arista Networks, Inc. (ANET) | 88% |
| AI Companies | Global Stock Closing Prices in 2024 |
|---|---|
| Microsoft Corporation (MSFT) | 311.74 |
| Adobe Inc. (ADBE) | 345.11 |
| Alphabet Inc. (GOOG) | 120.09 |
| NVIDIA Corporation (NVDA) | 292.13 |
The Motley Fool has positions in and recommends Alphabet, Apple, Meta Platforms, and UiPath.
The most popular AI-focused stocks on the NYSE or the Nasdaq for March 2024 include AMD, Apple, NVIDIA, Amazon, and Intel.
| Ticker | Company | Performance (Year) |
|---|---|---|
| NVDA | NVIDIA Corp | 242.13% |
| SOUN | SoundHound AI Inc | 194.50% |
| SYM | Symbotic Inc | 114.90% |
| UPST | Upstart Holdings Inc | 107.01% |
| Company (Ticker) | Sector | Market Cap |
|---|---|---|
| Symbotic (SYM) | Industrials | $26.49B |
| MicroStrategy (MSTR) | Technology | $28.92B |
| Nvidia (NVDA) | Technology | $2.26T |
| C3.ai (AI) | Technology | $3.30B |
Elon Musk has invested in X.AI, an emerging artificial intelligence startup. The company has recently submitted filings to the SEC for an equity offering, aiming to raise a staggering $1 billion.
Buffett owns two AI stocks in his Berkshire Hathaway portfolio. He has positions in six other AI leaders thanks to Berkshire subsidiary New England Asset Management. All eight AI stocks could deliver solid long-term returns, but three are the most likely big winners.
- Canaan Inc.( CAN) $ 1.520000 -6.75% ...
- SoundHound AI, Inc.( SOUN) $ 5.89 -2.40% ...
- Lantern Pharma(LTRN) $ 8.80 112.05% Past 1M. ...
- Rekor Systems(REKR) $ 2.29 -4.98% Past 1M. ...
- Gaxos.ai Inc.( GXAI) $ 6.14 1,017.58% ...
- Himax Technologies, Inc.( HIMX) ...
- Evolv Technologies Holdings, Inc.( EVLV)
What is the Zacks rank of AI stock?
Zacks' proprietary data indicates that C3.ai, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the AI shares relative to the market in the next few months.
See the 10 stocks
The Motley Fool has positions in and recommends Alphabet, Amazon, Chewy, Fiverr International, Fortinet, Nvidia, PayPal, Salesforce, and Uber Technologies. The Motley Fool recommends the following options: short March 2024 $67.50 calls on PayPal. The Motley Fool has a disclosure policy.
3. High-frequency Trading. AI-based high-frequency trading (HFT) emerges as the undisputed champion for accurately predicting stock prices. The AI algorithms execute trades within milliseconds, allowing investors and financial institutions to capitalize on minuscule price discrepancies.
AMZN sits at a Zacks Rank #2 (Buy), holds a Momentum Style Score of B, and has a VGM Score of A. The stock is up 0.8% and up 1.2% over the past one-week and four-week period, respectively, and Amazon has gained 74.6% in the last one-year period as well.
- Indian Energy Exchange Ltd.
- Central Depository Services (India) Ltd.
- Aptus Value Housing Finance India Limited.
- Five-Star Business Finance Ltd.
- ICICI Securities Ltd.
- Easy Trip Planners Ltd.
- Eris Lifesciences Ltd.
- CE Info Systems Ltd.
Nvidia currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
Some of the best AI stocks that you can buy with less than $5 are Nerdy (NRDY), BigBear.ai Holdings (BBAI) and FiscalNote (NOTE).
AI penny stocks offer high-risk, high-reward investment opportunities. MicroCloud Hologram (HOLO): Specializes in holographic 3D visualization technologies with impressive growth. AXT (AXTI): Produces crucial semiconductor substrates for AI, expected to rebound in revenues.
- Microsoft.
- Alphabet.
- NVIDIA.
- Meta Platforms (Facebook)
- Tesla.
- IBM.
- Palantir.
- Mobileye.
It's important to do your research and invest in companies that have a proven track record of success in the AI space. Additionally, it's important to remember that investing in individual stocks can be risky. Diversifying your portfolio with AI-focused ETFs or mutual funds can be a more prudent way to invest in AI.
How to make money using AI?
- 1.1 1. Offer Writing Services with AI Writing Tools.
- 1.2 2. Develop Apps with AI Coding Tools.
- 1.3 3. Manage Paid Advertising with AI.
- 1.4 4. Earn as a CRM & Sales Consultant.
- 1.5 5. Freelance as a Photo Editor.
- 1.6 6. Consult as a Data Scientist.
- 1.7 7. Provide AI Chatbots for Businesses.
- 1.8 8.
- Alibaba Cloud. Best for Big Data Analytics. ...
- DataRobot. Best for Automated Machine Learning. ...
- Google. Best for AI Development. ...
- Hugging Face. Best for Deploying AI Models in the Cloud. ...
- H2O.ai. Best for Time Series Forecasting. ...
- Rasa. Best for Managing Conversational AI Applications. ...
- ActiveCampaign. ...
- ClickUp.
Gates has long been a vocal proponent of AI. He has been a supporter of developing AI technologies and has been advocating for AI's potential for societal change. More recently, he has invested in AI assistant LikeWise, which looks to offer recommendations to users.
xAI is not publicly traded on NYSE or NASDAQ in the U.S. To buy xAI's stock you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
When Elon Musk created his artificial-intelligence startup xAI last year, he said its researchers would work on existential problems like understanding the nature of the universe.
