Friday, June 14, 2024

AI Outlook: Your Exclusive Look at 2024’s Top 4 Stocks


AI is the hot topic these days and for good reason! It's blowing up and set to hit a whopping $407 billion by 2027, up from $86.9 billion in 2022.

That's some massive growth happening!

But not every AI stock is a sure thing.

To make the most of this trend, you need to spot the companies that are really going places with AI.

Lucky for you, we've done the legwork and found four companies with serious potential and are poised to lead the charge.

Claim your Free Report now to get the inside scoop and stay ahead of the curve in AI investing.

Yes, send me Top 4 A.I. Stocks Report & Free Bonus Reports!

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♟ My #1 Trick to Avoid AI Land Mines

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Editor's Note: Artificial intelligence is still in its early stages, and there are companies out there right now that have a good chance of thriving in the next 10-15 years.

In today's guest article, Oxford Club's Chief Income Strategist Marc Lichtenfeld is showing readers which AI companies to focus on during this once-in-a-generation buying opportunity.

Plus, he's also revealing two companies that are doing incredible work with AI and have raised their dividends for at least nine straight years.

Click here to learn more about those companies.

- Ryan Fitzwater, Publisher


"The best way is to seek out the companies that pay dividends."

Marc Lichtenfeld, Chief Income Strategist, The Oxford Club

Marc Lichtenfeld

I think I first logged on to the internet in 1996.

I'd already heard a lot about it. Back then, I had AOL, CompuServe and Prodigy floppy disks dumped on my doorstep practically every day.

I was especially excited to check out the bulletin boards where I could discuss stocks or boxing. It was fun to connect with people who were interested in the same stuff I was.

There wasn't a lot of online commerce at that time, and computers took forever to connect to the internet (not to mention the horrible screeching noises they made).

But the internet evolved quickly, and in a very short time, companies were selling merchandise and services online.

Because my office had a high-speed T1 line, I was able to access real-time quotes and stock charts. It was amazing.

When it comes to what we're seeing in artificial intelligence (AI) right now, it feels like those early days of the internet. We don't know what the future of the technology will bring, but it will probably be much bigger than we even imagine.

We can be confident that AI will be used in medicine, military operations, finance and so many other areas... because it already is.

But in 1996, when we were still paying long-distance bills, could we have imagined that we'd no longer receive paper statements from our financial institutions but would instead log on with our fingerprints? Or that we'd grumble if the answer to our question about some obscure fact took more than a second to pop up on our screen alongside multiple sources, images and recent news? Or that we'd be able to make a video call to anywhere in the world for free?!

We're already seeing the avalanche of AI companies hit the stock market, and you can be sure more are coming. There are around 17,000 AI companies in the U.S. and roughly 67,000 around the world - with more being created every day.

Surely, some of them will go public... and a meaningful number of those will be garbage, just as we saw during the dot-com boom.

Back then, companies with no revenue saw their stocks soar on the number of "eyeballs" they were attracting - or, even worse, could potentially attract.

Businesses that had no chance to succeed were rated "Buys" at the major investment houses, touted in the media, and driven higher and higher by investors.

A few well-run companies, like Amazon (Nasdaq: AMZN) and eBay (Nasdaq: EBAY), survived and thrived.

But for every Amazon and eBay, there were dozens of companies that went to zero and shut their doors forever.

So the all-important question is...

How do you tell the difference?

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In a market that's obsessed with anything and everything AI, how do we weed out the AI firms that are destined to flop... and focus on the ones that have enough substance to back up the hype?

The best way is to seek out the companies that pay dividends.

I realize that may sound overly simple. But over the long term, there's no better indicator that a company has enough cash to sustain itself and that its stock could be poised to rise.

In fact, investing in dividend payers rather than nonpayers can make an absolutely astounding difference for your portfolio:

Returns of S&P 500 Index Stocks by Dividend Policy
 

And that chart doesn't even factor in the potential of AI.

When you combine the proven safety and security of dividend stocks with the trillion-dollar upside of AI, the results could be unlike anything we've ever seen.

Here's the bottom line...

When you come across flashy AI companies that are making all kinds of bold declarations, keep in mind that they could be legitimate... but many are going to end up like defunct Pets.com.

Remember 1996, do your due diligence and look for the companies that reward their shareholders with consistent (and rising) dividends.

That's how you'll avoid the land mines and put yourself in position for the biggest gains.

Logo

YOUR ACTION PLAN

Recently I came across two companies that are doing incredible work with AI and have raised their dividends for at least nine straight years.

(That puts them in the top category of the chart above.)

I also discovered a little-known technology fund that gives investors exposure to the very best, most innovative companies in the AI space... and yields an eye-popping 10.4%.

I wrote up the details on all three of these AI income plays in what I'm calling my Free AI Income Playbook.

You read that right... you can get all three tickers 100% free.

Just click here to reserve your copy of the playbook.

Good investing,

Marc


INSIGHTS YOU MAY HAVE MISSED

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U.S. Insider Buying for Thursday, June 13
CompanyInsider NameBuy/SellSharesTotal TransactionTransaction DateCurrent PriceSEC Filing
ACRS Aclaris TherapeuticsBraden Michael Leonard Major ShareholderBuy1,000,000 shares @ $1.08$1,080,000.006/11/2024$1.18right arrow
ACRS Aclaris TherapeuticsBraden Michael Leonard Major ShareholderBuy528,621 shares @ $1.15$607,914.156/13/2024$1.18right arrow
CATX Perspective TherapeuticsJohan M Spoor CEOBuy100,000 shares @ $1.17$117,000.006/13/2024$1.09right arrow
CLF Cleveland-CliffsBen Oren DirectorBuy6,700 shares @ $14.99$100,433.006/12/2024$14.91right arrow
CODI Compass DiversifiedRyan J Faulkingham InsiderBuy5,000 shares @ $22.44$112,200.006/13/2024$22.12right arrow
DTC Solo BrandsChristopher T Metz CEOBuy52,366 shares @ $1.94$101,590.046/11/2024$2.09right arrow
FF FutureFuelRonald J Kruszewski DirectorBuy50,358 shares @ $4.60$231,646.806/13/2024$4.56right arrow
GXO GXO LogisticsMalcolm Wilson CEOBuy10,000 shares @ $49.95$499,500.006/11/2024$47.94right arrow
HBT HBT FinancialEric E Burwell DirectorBuy6,000 shares @ $18.99$113,940.006/11/2024$18.91right arrow
ICCH ICCArron K Sutherland CEOBuy4,975 shares @ $22.30$110,942.506/13/2024$22.28right arrow
NFBK Northfield Bancorp, Inc. (Staten Island, NY)Annette Catino DirectorBuy15,000 shares @ $8.10$121,500.006/12/2024$7.78right arrow
NUVB Nuvation BioKim D Blickenstaff DirectorBuy172,189 shares @ $2.90$499,348.106/11/2024$3.01right arrow
PEGA PegasystemsSharon T Rowlands DirectorBuy8,600 shares @ $58.63$504,218.006/11/2024$57.46right arrow
PKOH Park-OhioEdward F Crawford DirectorBuy10,000 shares @ $24.68$246,800.006/11/2024$25.22right arrow
PRM Perimeter SolutionsJorge Valladares DirectorBuy42,000 shares @ $7.15$300,300.006/11/2024$7.51right arrow
PRSO PerasoIan Mcwalter DirectorBuy100,000 shares @ $1.27$127,000.006/11/2024$1.49right arrow
TTSH Tile ShopFund 1 Investments, Llc Major ShareholderBuy26,000 shares @ $6.66$173,160.006/12/2024$6.68right arrow
VFC V.F.Richard Carucci DirectorBuy25,000 shares @ $13.78$344,500.006/13/2024$13.64right arrow

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The internet generated more wealth than any other innovation in history - creating hundreds of thousands of new millionaires in America alone.

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U.S. Insider Selling for Thursday, June 13
CompanyInsider NameBuy/SellSharesTotal TransactionTransaction DateCurrent PriceSEC Filing
ACVA ACV AuctionsWilliam Zerella CFOSell276,900 shares @ $18.13$5,020,197.006/11/2024$17.70right arrow
AKRO Akero TherapeuticsAndrew Cheng CEOSell7,894 shares @ $22.64$178,720.166/11/2024$23.98right arrow
ALTR Altair EngineeringGeorge J Christ Major ShareholderSell100,000 shares @ $97.23$9,723,000.006/12/2024$96.64right arrow
AME AMETEKSteven W Kohlhagen DirectorSell1,440 shares @ $173.93$250,459.206/12/2024$167.06right arrow
APPF AppFolioTimothy K. Bliss DirectorSell12,170 shares @ $241.31$2,936,742.706/12/2024$231.68right arrow
AVDX AvidXchangeMichael Praeger CEOSell29,192 shares @ $10.85$316,733.206/11/2024$10.84right arrow
AVT AvnetKen E Arnold SVPSell8,000 shares @ $54.34$434,720.006/12/2024$52.20right arrow
BLD TopBuildRobert M Buck CEOSell2,500 shares @ $418.05$1,045,125.006/12/2024$413.91right arrow
BY Byline BancorpJohn Barkidjija InsiderSell10,000 shares @ $22.64$226,400.006/13/2024$22.40right arrow
CCOI Cogent CommunicationsDave Schaeffer CEOSell60,000 shares @ $54.60$3,276,000.006/12/2024$52.18right arrow
CDNS Cadence Design SystemsPaul Cunningham VPSell650 shares @ $295.00$191,750.006/11/2024$312.09right arrow
CHE ChemedPatrick P Grace DirectorSell284 shares @ $540.98$153,638.326/12/2024$537.88right arrow
CI The Cigna GroupElder Granger DirectorSell1,000 shares @ $338.08$338,080.006/12/2024$333.29right arrow
CLH Clean HarborsAlan S Mckim InsiderSell50,000 shares @ $215.51$10,775,500.006/11/2024$220.97right arrow
CRDO Credo Technology GroupYat Tung Lam COOSell10,000 shares @ $28.21$282,100.006/11/2024$28.83right arrow
CRUS Cirrus LogicScott Thomas SVPSell11,706 shares @ $120.72$1,413,148.326/12/2024$122.55right arrow
CRVL CorVelJeffrey J Michael DirectorSell3,000 shares @ $232.45$697,350.006/11/2024$244.87right arrow
DDOG DatadogSean Michael Walters CROSell3,134 shares @ $113.58$355,959.726/11/2024$117.83right arrow
DELL Dell TechnologiesMichael S Dell CEOSell1,205,052 shares @ $131.96$159,018,661.926/12/2024$134.84right arrow
DFIN Donnelley Financial SolutionsEric J Johnson InsiderSell16,757 shares @ $58.34$977,603.386/11/2024$57.45right arrow
DYN Dyne TherapeuticsSusanna Gatti High COOSell40,000 shares @ $33.36$1,334,400.006/12/2024$33.07right arrow
EVER EverQuoteJon Ayotte CAOSell5,688 shares @ $21.16$120,358.086/11/2024$19.14right arrow
FARO FARO TechnologiesYuval Wasserman ChairmanSell8,986 shares @ $18.65$167,588.906/12/2024$16.80right arrow
FIBK First Interstate BancSystemJulie A Scott Major ShareholderSell209,831 shares @ $25.29$5,306,625.996/11/2024$25.22right arrow
FIBK First Interstate BancSystemJonathan R Scott DirectorSell29,499 shares @ $25.29$746,029.716/11/2024$25.22right arrow
FLEX FlexPaul Lundstrom CFOSell29,041 shares @ $32.13$933,087.336/12/2024$31.25right arrow
FTNT FortinetKen Xie CEOSell24,235 shares @ $59.53$1,442,709.556/11/2024$60.79right arrow
GCT GigaCloud TechnologyFrank Hurst Lin DirectorSell175,178 shares @ $33.16$5,808,902.486/11/2024$31.17right arrow
GFF GriffonW. Christopher Durborow CAOSell13,000 shares @ $66.88$869,440.006/12/2024$64.14right arrow
GFF GriffonRonald J Kramer CEOSell100,000 shares @ $67.07$6,707,000.006/12/2024$64.14right arrow
GTLB GitLabBrian G Robins CFOSell11,667 shares @ $45.46$530,381.826/12/2024$44.45right arrow
HALO Halozyme TherapeuticsMatthew L Posard DirectorSell10,000 shares @ $50.01$500,100.006/11/2024$49.49right arrow
HGTY HagertyRobert I Kauffman DirectorSell11,225 shares @ $10.10$113,372.506/12/2024$9.77right arrow
HPE Hewlett Packard EnterpriseNeil B Macdonald EVPSell36,671 shares @ $20.51$752,122.216/11/2024$21.60right arrow
HPE Hewlett Packard EnterpriseKirt P. Karros SVPSell30,686 shares @ $20.49$628,756.146/11/2024$21.60right arrow
HUMA HumacyteLaura E Niklason CEOSell358,630 shares @ $7.08$2,539,100.406/11/2024$7.05right arrow
HUMA HumacyteBrady W Dougan DirectorSell271,518 shares @ $7.30$1,982,081.406/12/2024$7.05right arrow
HURN Huron Consulting GroupJohn Mccartney DirectorSell1,259 shares @ $95.38$120,083.426/11/2024$94.92right arrow
IESC IESJeffrey L Et Al Gendell CEOSell25,000 shares @ $133.18$3,329,500.006/12/2024$133.38right arrow
IOT SamsaraSanjit Biswas CEOSell96,000 shares @ $29.78$2,858,880.006/11/2024$28.07right arrow
IOT SamsaraMarc L Andreessen DirectorSell277,484 shares @ $28.88$8,013,737.926/13/2024$28.07right arrow
KO Coca-ColaNancy Quan EVPSell19,304 shares @ $63.44$1,224,645.766/11/2024$62.55right arrow
LFST LifeStance Health GroupKevin Michael Mullins InsiderSell85,093 shares @ $5.53$470,564.296/11/2024$5.29right arrow
MA MastercardFoundation Mastercard Major ShareholderSell108,000 shares @ $445.09$48,069,720.006/12/2024$444.63right arrow
MA MastercardRaj Seshadri InsiderSell3,464 shares @ $447.84$1,551,317.766/11/2024$444.63right arrow
META Meta PlatformsJennifer Newstead InsiderSell905 shares @ $500.00$452,500.006/11/2024$504.16right arrow
MGNI MagniteRobert F Spillane DirectorSell25,000 shares @ $13.04$326,000.006/11/2024$13.73right arrow
ML MoneyLionRichard Correia CFOSell28,675 shares @ $90.40$2,592,220.006/12/2024$85.68right arrow
MLYS Mineralys TherapeuticsAdam Scott Levy CFOSell96,815 shares @ $12.94$1,252,786.106/11/2024$12.58right arrow
MNST Monster BeverageMark Vidergauz DirectorSell15,077 shares @ $51.85$781,742.456/11/2024$48.03right arrow
MNST Monster BeverageHilton H Schlosberg CEOSell42,144 shares @ $53.00$2,233,632.006/11/2024$48.03right arrow
MU Micron TechnologySanjay Mehrotra CEOSell7,000 shares @ $134.57$941,990.006/11/2024$141.36right arrow
NCNO nCinoSean Desmond InsiderSell5,988 shares @ $30.15$180,538.206/11/2024$31.70right arrow
NCNO nCinoGregory Orenstein CFOSell7,943 shares @ $30.15$239,481.456/11/2024$31.70right arrow
NCNO nCinoPierre Naude CEOSell14,101 shares @ $30.15$425,145.156/11/2024$31.70right arrow
NET CloudflareCarl Ledbetter DirectorSell7,986 shares @ $74.48$594,797.286/12/2024$75.56right arrow
NET CloudflareMatthew Prince CEOSell52,384 shares @ $72.04$3,773,743.366/11/2024$75.56right arrow
NET CloudflareMatthew Prince CEOSell52,384 shares @ $74.46$3,900,512.646/13/2024$75.56right arrow
NVDA NVIDIAMark A Stevens DirectorSell150,000 shares @ $120.42$18,063,000.006/11/2024$131.88right arrow
NVEE NV5 GlobalRichard Tong VPSell3,119 shares @ $94.00$293,186.006/12/2024$90.05right arrow
NVEE NV5 GlobalBenjamin Heraud CEOSell1,222 shares @ $92.53$113,071.665/28/2024$90.05right arrow
NXST Nexstar Media GroupCharles Thomas Mcmillen DirectorSell1,475 shares @ $154.99$228,610.256/13/2024$150.34right arrow
OMF OneMainMichael A Hedlund SVPSell3,000 shares @ $48.10$144,300.006/11/2024$47.17right arrow
ON OnsemiTrent Thad CFOSell38,000 shares @ $72.55$2,756,900.006/11/2024$71.97right arrow
PAYC Paycom SoftwareChad R Richison CEOSell1,950 shares @ $145.55$283,822.506/12/2024$142.92right arrow
PCOR Procore TechnologiesConnor Kevin J O DirectorSell5,128 shares @ $66.71$342,088.886/12/2024$63.94right arrow
PCRX Pacira BioSciencesKristen Williams InsiderSell7,452 shares @ $28.38$211,487.766/13/2024$28.17right arrow
PCRX Pacira BioSciencesLauren Riker SVPSell3,970 shares @ $28.72$114,018.406/12/2024$28.17right arrow
PCRX Pacira BioSciencesJonathan Slonin InsiderSell5,012 shares @ $28.57$143,192.846/11/2024$28.17right arrow
PRI PrimericaGlenn J Williams CEOSell3,000 shares @ $222.76$668,280.006/13/2024$220.85right arrow
PTC PTCJanice Chaffin DirectorSell4,000 shares @ $178.20$712,800.006/12/2024$173.50right arrow
RDNT RadNetAlma Gregory Sorensen EVPSell5,000 shares @ $61.24$306,200.006/11/2024$58.39right arrow
REGN Regeneron PharmaceuticalsLeonard S Schleifer CEOSell9,064 shares @ $1,015.43$9,203,857.526/11/2024$1,036.63right arrow
SentinelOneDavid J Bernhardt CFOSell11,221 shares @ $17.57$197,152.976/11/2024$18.46right arrow
SentinelOneTomer Weingarten CEOSell82,116 shares @ $17.40$1,428,818.406/11/2024$18.46right arrow
SGRY Surgery PartnersDanielle Burkhalter InsiderSell6,000 shares @ $26.39$158,340.006/12/2024$24.98right arrow
SHOO Steven MaddenPeter Migliorini DirectorSell3,000 shares @ $43.81$131,430.006/12/2024$43.69right arrow
SMAR SmartsheetStephen Robert Branstetter COOSell4,174 shares @ $43.91$183,280.346/11/2024$41.79right arrow
SPRY ARS PharmaceuticalsSarina Tanimoto InsiderSell95,862 shares @ $9.15$877,137.306/12/2024$8.63right arrow
SQSP SquarespacePaul Gubbay InsiderSell2,500 shares @ $43.82$109,550.006/12/2024$43.72right arrow
STX Seagate TechnologyJohn Christopher Morris SVPSell5,928 shares @ $99.99$592,740.726/11/2024$103.85right arrow
STX Seagate TechnologyBan Seng Teh EVPSell10,742 shares @ $100.00$1,074,200.006/11/2024$103.85right arrow
TDG TransDigm GroupKevin M Stein CEOSell10,000 shares @ $1,308.52$13,085,200.006/12/2024$1,295.03right arrow
TDW TidewaterQuintin Kneen CEOSell166,000 shares @ $103.76$17,224,160.006/11/2024$97.02right arrow
TDW TidewaterKenneth Traub DirectorSell20,000 shares @ $106.38$2,127,600.006/12/2024$97.02right arrow
TEAM AtlassianMichael Cannon-Brookes CEOSell7,948 shares @ $163.54$1,299,815.926/12/2024$160.07right arrow
TMUS T-Mobile USTelekom Ag Deutsche DirectorSell133,461 shares @ $173.10$23,102,099.106/12/2024$175.99right arrow
TOL Toll BrothersMartin P Connor CFOSell3,806 shares @ $121.84$463,723.046/12/2024$119.23right arrow
TYL Tyler TechnologiesBrian K Miller CFOSell800 shares @ $479.28$383,424.006/11/2024$471.50right arrow
UFPI UFP IndustriesPatrick M Benton InsiderSell11,725 shares @ $115.27$1,351,540.756/13/2024$114.42right arrow
UTHR United TherapeuticsMartine A Rothblatt CEOSell3,600 shares @ $281.19$1,012,284.006/12/2024$288.02right arrow
VRTX Vertex PharmaceuticalsEdward Morrow Atkinson III EVPSell7,288 shares @ $478.00$3,483,664.006/12/2024$480.67right arrow
VRTX Vertex PharmaceuticalsCarmen Bozic CMOSell2,280 shares @ $478.00$1,089,840.006/12/2024$480.67right arrow
WLDN Willdan GroupFund L.P. Forager Major ShareholderSell7,941 shares @ $31.31$248,632.716/12/2024$29.26right arrow
WLDN Willdan GroupMichael A Bieber CEOSell4,394 shares @ $30.98$136,126.126/12/2024$29.26right arrow
WRBY Warby ParkerSteven Clive Miller CFOSell99,816 shares @ $16.61$1,657,943.766/12/2024$16.20right arrow
WST West Pharmaceutical ServicesSilji Abraham SVPSell1,800 shares @ $330.78$595,404.006/12/2024$333.29right arrow

The ONE AI Stock to own now. (It's not Nvidia.) (ad)
image for The ONE AI Stock to own now. (It's not Nvidia.)
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Top Insider-Buying Stocks (Last 30 Days)
CompanyShares PurchasedTotal Cost of Shares PurchasedNumber of Insider PurchasesNumber of Insiders BuyingCurrent Share PriceMarketBeat Consensus RatingMarketBeat Consensus Price TargetRead More
LEG Leggett & Platt55,635$639,546.0066$11.07Reduce$13.33right arrow
GHLD Guild13,370$214,346.0055$14.58Hold$15.60right arrow
GRNT Granite Ridge Resources14,200$91,935.0055$5.86Moderate Buy$7.95right arrow
MMLP Martin Midstream Partners254$762.0055$3.24$0.00right arrow
NFBK Northfield Bancorp, Inc. (Staten Island, NY)38,061$295,761.0055$7.78Hold$11.00right arrow
BOC Boston Omaha77,070$1,086,736.0065$13.73Buy$23.50right arrow
CMTG Claros Mortgage Trust193,000$1,393,140.0075$8.07Reduce$9.50right arrow
FF FutureFuel95,302$429,149.0054$4.56Buy$0.80right arrow
BOW Bowhead Specialty100,839$1,804,361.0044$25.60$0.00right arrow
CATX Perspective Therapeutics244,283$317,849.0054$1.09Buy$1.90right arrow

Top Insider-Selling Stocks (Last 30 Days)
CompanyShares SoldTotal Cost of Shares SoldNumber of Insider SalesNumber of Insiders SellingCurrent Share PriceMarketBeat Consensus RatingMarketBeat Consensus Price TargetRead More
DDOG Datadog413,255$46,424,326.001410$117.83Moderate Buy$136.04right arrow
CFLT Confluent482,451$13,514,735.00108$27.77Moderate Buy$33.11right arrow
ALTR Altair Engineering245,478$22,998,726.00118$96.64Moderate Buy$94.60right arrow
META Meta Platforms148,659$71,276,509.00158$504.16Moderate Buy$510.41right arrow
PCOR Procore Technologies144,141$9,789,736.00128$63.94Moderate Buy$80.94right arrow
REPL Replimune Group107,598$712,516.0077$8.37Buy$16.67right arrow
RUN Sunrun94,467$1,334,489.0087$13.25Moderate Buy$21.21right arrow
FLEX Flex484,206$15,788,114.00117$31.25Moderate Buy$32.83right arrow
EVCM EverCommerce65,822$644,732.00166$9.87Moderate Buy$11.40right arrow
EVER EverQuote27,444$634,935.0086$19.14Buy$26.25right arrow

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