Thursday, February 22, 2024

7 Under the Radar A.I. Stocks

Good morning,

I know you may be getting tired of hearing about artificial intelligence (AI). But the AI market is not going away. A leading research firm says the global AI market will grow from $65.48 billion in 2020 to over $1.5 trillion by 2030. That’s a compound annual growth rate of 38% for the remainder of this decade.  

This is something that should get the attention of every investor. And it’s a key reason why you need to have AI stocks as part of your portfolio. 

Now I won’t lie to you. If you weren’t in on some of the large-cap AI stocks like Nvidia, you’ve probably missed their biggest gains from AI. That’s the nature of investing in large-cap stocks that are the favorite of Wall Street. 

But that doesn’t mean that AI is a bubble. In fact, a more apt analogy for AI over the next few years may be waves crashing onto the shore. You’ve just seen a big wave come in. But there are several smaller companies (waves) that are still out in the water but may be getting ready to make a splash.  

However, if you’re not in the water, you won’t get wet. That’s why now is an excellent time to look at some under-the-radar AI stocks.  

When investors hear under-the-radar AI stocks, they may think about small-cap stocks even penny stocks. However, as you’ll see in this special presentation, that’s not necessarily the case. You can find under-the-radar AI stocks even among some large-cap names.  

Here are seven under-the-radar AI stocks that showcase distinct opportunities in this evolving market sector. 


View the 7 Under-the-Radar Stocks to Buy to Play the Growth of AI

Don Miller
MarketBeat


Today's Bonus Offer

Did Elon Musk and Bill Gates Just Make a HUGE AI Breakthrough? (Ad)

I recently traveled to Phoenix, Arizona...And based on what I saw out there, I'm prepared to put my reputation on the line. Since 2018, my investment recommendations have averaged 115% per year. But one investment I've just discovered could blow them all away.

You won't believe what I saw in Phoenix.


When venturing into the world of stock investing, one area that stands out due to its futuristic appeal and potential for significant impact is artificial intelligence (AI). AI stocks represent companies that are either directly involved in developing AI technologies or use AI extensively in their operations. Given the rapid evolution and integration of AI across various sectors, these stocks are attracting considerable attention from investors.

  1. Understanding AI Stocks: AI stocks encompass a broad range of companies. Some are tech giants investing heavily in AI research and development, while others are smaller startups focusing on specific AI applications, like healthcare diagnostics or automated customer service. AI also plays a crucial role in industries like finance, retail, and manufacturing, offering efficiency and innovation.

  2. Growth Potential: The appeal of AI stocks lies in their growth potential. As AI technology advances, its applications are expanding, promising revolutionary changes in many sectors. This potential for growth and transformation makes AI stocks a compelling choice for investors looking for future-focused opportunities.

  3. Diversity of the AI Market: AI's application is not limited to one industry, which means investing in AI stocks can offer diversification within a portfolio. For instance, AI is being used in everything from improving healthcare outcomes through better diagnostics to enhancing customer experiences in the retail sector.

  4. Risks and Volatility: The AI market, while promising, is also marked by volatility and risks. The technology is still developing, and there are uncertainties regarding regulatory frameworks, ethical considerations, and market adoption rates. This environment can lead to significant fluctuations in the valuation of AI stocks.

  5. Long-term Investment Perspective: Given the nascent stage of many AI technologies, a long-term investment perspective is advisable. Breakthroughs in AI can take time to develop and even longer to be effectively integrated into marketable products or services.

  6. Competition and Market Leaders: The AI space is highly competitive, with both established tech giants and emerging players. Identifying companies that have a sustainable competitive advantage, whether through proprietary technology, strategic partnerships, or market positioning, is crucial.

  7. Continuous Learning and Adaptation: The AI industry is evolving rapidly. Keeping abreast of technological advancements, regulatory changes, and market trends is vital for making informed investment decisions. This dynamic market requires continuous learning and adaptation from investors.

  8. Ethical and Social Considerations: AI raises significant ethical and social questions, from privacy concerns to the impact on employment. Public sentiment and regulatory responses to these issues can significantly impact the AI market and, by extension, AI stocks.

In conclusion, AI stocks represent an exciting yet complex segment of the market, offering potential for significant growth but also accompanied by considerable risks and volatility. Investing in AI stocks requires a thorough understanding of the technology, a keen eye on market trends and regulatory changes, and a long-term perspective. Just as AI itself learns and adapts, investors in this field must also be prepared to continuously update their knowledge and strategies. As the AI landscape evolves, it presents both challenges and opportunities for savvy investors ready to engage with one of the most dynamic and transformative technologies of our time.


 

 
This message is a paid advertisement sent on behalf of a third-party advertiser of MarketBeat. Why did I receive this email?
 
If you have questions about your subscription, feel free to contact our U.S. based support team via email at contact@marketbeat.com.
 
If you would no longer like to receive promotional emails from MarketBeat advertisers, you can unsubscribe or manage your mailing preferences here.
 
© 2006-2024 American Consumer News, LLC dba MarketBeat.
345 N Reid Place, Suite 620, Sioux Falls, SD 57103. United States.
 
Today's Bonus Content: Wall Street Legend Warns "Mass Bank Run" is Coming

No comments:

Post a Comment

Most important medical advance in 100 years

Artificial Intelligence is being harnessed to create breakthrough drugs no one has ever seen before. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ...