Thursday, October 28, 2021

2 Artificial Intelligence Stocks to Buy, 2 to Avoid

Must read

Stock Markets9 minutes ago (Oct 11, 2021 11:02AM ET)

(C) Reuters. 2 Artificial Intelligence Stocks to Buy, 2 to Avoid

As artificial intelligence (AI) gains importance with the ongoing digital transformation, tech giants Apple (AAPL) and Alphabet (NASDAQ:GOOGL) are well-positioned to gain owing to their consistent product innovations and expanded market reach. Conversely, we think fundamentally weak AI stocks Palantir (PLTR) and C3.ai (AI) could suffer a downturn in the near term. So, these two stocks are best avoided now. Read on.The ability of artificial intelligence (AI) to perform problem-solving, visual perception, speech recognition, decision making, and language processing using real-time data has increased its demand from several industries. And with the rapid digitalization of various industries, the applications of AI are expected to increase. The global AI market is expected to grow at a 35% CAGR to $171.02 billion by 2025.

Increasing investments and impressive breakthroughs made in this industry should benefit tech giants Apple Inc. (NASDAQ:AAPL) and Alphabet Inc. (GOOGL).

However, fundamentally weak stocks in this space Palantir Technologies Inc . (NYSE:PLTR) and C3.ai, Inc. (AI) are not well-positioned to capitalize on the industry tailwinds.

Continue reading on StockNews

2 Artificial Intelligence Stocks to Buy, 2 to Avoid

HP Inc. vs. Logitech: Which Computer Hardware Stock is a Better Buy?
By StockNews – Oct 11, 2021

The rising demand for advanced technologies as part of the digital transformation of industries, and continued remote working, make the prospects bright for the computer hardware…

Progenity Stock Is a Zero-or-Hero Holding for Biotech Bidders
By StockNews – Oct 11, 2021

On the heels of a potent patent, short-squeeze target Progenity (PROG) offers excitement – and just maybe, outsized gains – for bold speculators.Sometimes the stock is surging, but…

Is Occidental Petroleum Corp. a Good Oil & Gas Stock to Buy?
By StockNews – Oct 11, 2021

The shares of international energy company Occidental Petroleum’s (OXY) have rallied 94.3% in price year-to-date as U.S. crude oil prices hit multi-year highs with OPEC+…

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Our Apps

Terms And Conditions
Privacy Policy
Risk Warning

(C) 2007-2021 Fusion Media Limited. All Rights Reserved

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Latest article

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.