3 Machine Learning Stocks That Could Be Multibaggers in the Making: April Edition

InvestorPlace04-26

These machine learning stocks could be multibaggers in April: Nvidia (NVDA): The chipmaker’s shares fell more than 13% last week, creating an investment opportunity. Advanced Micro Devices (AMD): ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Machine Learning Stocks That Could Be Multibaggers in the Making: April Edition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-26 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/04/3-machine-learning-stocks-that-could-be-multibaggers-in-the-making-april-edition/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These machine learning stocks could be multibaggers in April:\n\nNvidia (NVDA): The chipmaker’s shares fell more than 13% last week, creating an investment opportunity. \nAdvanced Micro Devices (AMD): ...</p>\n\n<a href=\"https://investorplace.com/2024/04/3-machine-learning-stocks-that-could-be-multibaggers-in-the-making-april-edition/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4549","symbol_name":"软银资本持仓","start_time":0,"source_url":"https://investorplace.com/2024/04/3-machine-learning-stocks-that-could-be-multibaggers-in-the-making-april-edition/","article_id":"2430207557","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430207557","pubTimestamp":1714140000,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Nvidia : The chipmaker’s shares fell more than 13% last week, creating an investment opportunity.Advanced Micro Devices : Radeon GPUs continued to be a cost-effective way in which to develop machine learning algorithms.Alphabet : Google Cloud provides the computing power and cloud infrastructure to create and deploy machine learning algorithms.Machine learning is a branch of artificial intelligence that has been around long before generative AI catapulted into the social zeitgeist. ML technology, in essence, helps computers to gather insights from data without explicit programming. Because machine learning techniques around for a while, their applications are numerous.Trading at 33.0x forward earnings, Nvidia’s stock looks like a great buy these days.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4549":"软银资本持仓","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","BK4548":"巴美列捷福持仓","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","GFS":"GLOBALFOUNDRIES Inc.","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","QQQ":"纳指100ETF","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0528227936.USD":"富达环球人口趋势基金A-ACC","TQQQ":"纳指三倍做多ETF","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","NVDA":"英伟达","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC",".IXIC":"NASDAQ Composite","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","SQQQ":"纳指三倍做空ETF","GOOGL":"谷歌A","BK4543":"AI","GOOG":"谷歌","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","AMD":"美国超微公司","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","ML":"MoneyLion Inc.","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","QID":"纳指两倍做空ETF","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC"},"translate_title":"3只机器学习股票可能会成为多重投资者：4月版","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMD":1,"ML":1,"NVDA":1,"GOOGL":1,"GOOG":1,"GFS":0.9,".IXIC":0.9,"TQQQ":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"These machine learning stocks could be multibaggers in April:\n\nNvidia (NVDA): The chipmaker’s shares fell more than 13% last week, creating an investment opportunity. \nAdvanced Micro Devices (AMD): Radeon GPUs continued to be a cost-effective way in which to develop machine learning algorithms.\nAlphabet (GOOG,GOOGL): Google Cloud provides the computing power and cloud infrastructure to create and deploy machine learning algorithms.\n \n\n\n\n \n\nSource: a-image / Shutterstock.com\n\n\n\nAfter a calamitous week, United States equities seem to be back on the rise. As of the end of equities trading on Tuesday, S&P 500 has risen 2.1% for the current week, while the tech-heavy Nasdaq has risen more than 2.7%. Interest rate risks still remain largely intact — the U.S. Federal Reserve definitely has not changed its tune on rates “higher for longer,” so investors should exercise caution when pouring back into U.S. stocks. However, the ongoing market rally presents an opportunity for equities investors and traders to reconsider investing in innovative sectors of the economy, namely machine learning (ML) and artificial intelligence (AI). These multibagger machine learning stocks excelled last year and drove the Nasdaq to record highs; these kinds of equities could raise the Nasdaq even more in 2024.\nMachine learning is a branch of artificial intelligence that has been around long before generative AI catapulted into the social zeitgeist. ML technology, in essence, helps computers to gather insights from data without explicit programming. Because machine learning techniques around for a while, their applications are numerous. \nWith that said, below are three multibagger machine learning stocks to consider for April.\nNvidia (NVDA)\nSource: Poetra.RH / Shutterstock.comShareholders of acclaimed graphics card maker, Nvidia (NASDAQ:NVDA), caught a major scare last week. NVDA share plummeted almost 14%. The chipmaker ended the week with its share price floating around $762/share, well below its $950/share high that the stock reached towards the end of the first quarter in late March. However, the shares are, again, defying expectations. As of the close of trading on Tuesday, Nvidia’s shares have risen 8.2% for the week, and there should be no doubt that the chipmaker could edge back up to its all-time high.\nThere should be no doubt about Nvidia’s prowess in machine learning and artificial intelligence technology. The chipmaker CUDA software offers a multiplicity of machine learning and data analytics libraries that can accelerate data science work while using Nvidia’s GPUs. Of course, Nvidia’s recently announced Blackwell are going to be game changers in both the ML and AI space.\nTrading at 33.0x forward earnings, Nvidia’s stock looks like a great buy these days.     \nAdvanced Micro Devices (AMD)\nSource: Casimiro PT / Shutterstock.comAdvanced Micro Devices (NASDAQ:AMD) is the second semiconductor firm to make it onto this machine learning stocks list. The reasons are ultimately similar to what I have written for Nvidia. Over the past decade, AMD has solidified itself as a solid provider of GPUs that are not only powerful but also cost-efficient. Before the Covid-19 pandemic, AMD was generating only several billion in revenue per annum. As of their latest fiscal year, that figure has nearly quadrupled to around $23 billion.\nIn regard to the world of machine learning, AMD’s Radeon graphics are essential. If you have a Radeon-powered AMD graphics card, you will be able to develop desktop-level AI and machine learning workflows.\nOn top of AMD’s machine learning prowess, the chipmaker also has big ambitions for artificial intelligence. Back in December, AMD claimed its MI300x GPU was faster than anything Nvidia had on the market. These GPU accelerators will likely find their use in servers processing tons of data. \nAMD shares fell 10% last week but are back on the rise again. Now may be the time for investors to reassess AMD’s potential. \nAlphabet (GOOG, GOOGL)\nSource: rvlsoft / Shutterstock.comIt’s quite difficult to make a machine learning list without mentioning one of the companies providing the cloud infrastructure through which machine learning algorithms are deployed on a daily basis. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is the parent company of Google, which has its hands in everything from cloud computing, quantum computing, artificial intelligence and mobile handsets as well as operating systems.\nGoogle Cloud continues to be where so many enterprises deploy machine learning and data analytics algorithms. The tech giant’s latest earnings report revealed that Cloud remained Google’s top growth engine. The fourth quarter of 2023 saw Google Cloud generate $9.2 billion in revenue, a sharp contrast to the $7.3 billion in the fourth quarter of 2022. Outside of providing the computing power to run machine learning algorithms. Google also provides a number of courses and certifications for aspiring machine learning engineers. \nInvestors should also be on the lookout for Google’s AI product Gemini, which could be an essential part of Google Cloud in the coming months and years.\nAmong the other companies on this list, GOOG shares trade the cheapest at 23.4x forward earnings. Shares are sitting at a sweet spot; it’s time for investors to ask themselves whether or not to invest now. \nOn the date of publication, Tyrik Torres did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nTyrik Torres has been studying and participating in financial markets since he was in college, and he has particular passion for helping people understand complex systems. His areas of expertise are semiconductor and enterprise software equities. He has work experience in both investing (public and private markets) and investment banking.5G, Artificial Intelligence, Cloud, Communications, Technology\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/04/3-machine-learning-stocks-that-could-be-multibaggers-in-the-making-april-edition/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2430207557"}