Artificial intelligence (AI) is no longer just a buzzword in the tech world – it’s a rapidly growing market that investors can’t afford to ignore. From self-driving cars to voice-activated virtual assistants, AI technology is revolutionizing various industries, and the companies behind it are seeing significant growth.
If you’re a retail investor looking to capitalize on this trend, here are 12 AI stocks to keep an eye on. First on the list is NVIDIA Corporation (NVDA), a leader in the graphics processing unit (GPU) market and a key player in the development of AI technology. With its GPUs powering AI applications in industries like gaming, healthcare, and self-driving cars, NVIDIA’s stock has seen impressive gains in recent years.
Another company making waves in the AI space is Alphabet Inc. (GOOGL), the parent company of Google. With its vast amounts of data and investments in AI research, Google is at the forefront of AI development. Its stock has also had a strong performance, with its search engine and cloud services contributing to its success.
While these two companies may be the most well-known, there are other AI stocks to consider, such as Splunk Inc. (SPLK), a data analytics company that uses AI to help businesses make sense of their data. And for a more speculative play, there’s Tesla Inc. (TSLA), a company known for its electric cars but also making strides in AI with its autopilot technology.
In conclusion, the AI market is rapidly expanding, and investors have the opportunity to profit from it by investing in companies that are leading the way in AI technology. While these 12 stocks are a good place to start, it’s important to do your own research and choose companies that align with your investment goals and risk tolerance. So don’t miss out on riding the AI wave – consider adding some of these stocks to your portfolio.