Artificial intelligence (AI) has been a hot topic in the investment world, with many companies incorporating it into their operations and reaping the benefits. But with so many AI stocks out there, which ones should retail investors be keeping an eye on? Here are 12 AI stocks that could bring profit to your portfolio.
First on the list is Alphabet Inc. (GOOGL), the parent company of Google. With a vast amount of data and resources, Google has been able to develop cutting-edge AI technology that is being used in various industries. Another top contender is NVIDIA Corporation (NVDA), a leader in graphics processing units (GPUs) that are crucial for AI and machine learning. The company has partnerships with major players like Amazon, Microsoft, and Tesla, making it a solid choice for investors.
Next up is International Business Machines Corporation (IBM), a company with over a century of experience in technology and a strong presence in the AI market. Its Watson AI platform has been used in healthcare, finance, and other industries, making IBM a promising investment. Moving on to a more niche market, NVIDIA Corporation (NVDA) is a leading provider of AI solutions for the healthcare industry, with its AI-powered imaging analysis tools being in high demand.
For those looking for a more diversified option, the ARK Autonomous Technology & Robotics ETF (ARKQ) could be a good choice. This ETF invests in various companies that are involved in AI, including Tesla, Google, and Amazon. Another ETF worth considering is the Global X Robotics & Artificial Intelligence ETF (BOTZ), which focuses specifically on companies involved in robotics and AI.
In conclusion, AI is a rapidly growing industry with immense potential for investors. By keeping an eye on these 12 AI stocks, you could unlock profitable opportunities for your portfolio. Remember to do your own research and consult with a financial advisor before making any investment decisions. Happy investing!