AI of the week

Shyon
2023-10-13

It has been quite some time that market doesn't really mention extremely much on the AI. As most of the AI stocks retrace for the past few months. However, there are still a few AI related stocks that worth to be put in your watchlist. 

PLTR

The stock is a fantastic long term stock to buy to play the rapid emergence of AI. Based on total government and commercial sector spending on data analysis tools, Palantir pegs it's total addressable market at 120 billion dollars. Moreover, this company sells the stuff that helps a country to stay prepared in a tense geopolitical environment. This is what happen in middle east now. Thus, I am $Palantir Technologies Inc.(PLTR)$ for it. 

PLTR daily chart

C3

C3 daily chart

Without doubt, this is one of the most disappointing AI themed stock. The recent earnings result sent the stock dive into the sea. After a rough few weeks post earnings, it seems like most of the negativity has been priced in and the stock starts to find its near term bottom. Therefore, I am short term $C3.ai, Inc.(AI)$ for it. 

NVDA AMD

However,$NVIDIA Corp(NVDA)$ remains the strongest among the AI stocks with recent 7 days winning streak, which is a very bullish sign. So far, NVDA has benefited hugely from the AI rally, selling the chips used to train and run the complex AI models. 

On the other hand, $Advanced Micro Devices(AMD)$ lost quite some distance if compared to NVDA in the AI rally. Both coma pines focus is on AI now, and competition will be more fierce. Although NVIDIA dominated the market today with its AI chips, AMD is becoming a strong challenger as it does more to intensify the rivalry. Moreover, its move to acquire Nod.ai will improve its AI capabilities! 

META

Simply crazy movement by $Meta Platforms, Inc.(META)$ stock price recently, prepare to break new recent high, so bullish! 

META daily chart

Technical chart, what you observe there? Three white soldiers in this week chart! With a mid term formation of cup and handle! Both of these are super bullish signal for the stock and I think the upwards possibility is very high and new all time high will just be a matter of time! How do you think? 

@TigerStars  @MillionaireTiger  @Tiger_SG  @Tiger_comments  @CaptainTiger  

Will PLTR hit $20 amid Israel-Hamas conflict?
PLTR stock jumped 6% yesterday. Palantir is a geopolitical trade of the decade. Its earnings report shows its services would continue to be in high demand. ------------------ Will Palantir go up on the Israel-Hamas conflict? What's the target price for PLTR?
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Comments

  • Aqa
    2023-10-13
    Aqa
    Liked and shared. 👍🏻
  • icycrystal
    2023-10-13
    icycrystal
    thanks for sharing
    • Shyon: 
      Thanks for support hehe
  • VivianChua
    2023-10-13
    VivianChua
    Nice 💚 💚 💚
    • Shyon: 
      Thanks for support [smile] [smile] [smile]
  • KSR
    2023-10-13
    KSR
    👍
    • Shyon: 
      [Cool] [Cool] [Cool]
  • andrew123
    2023-10-13
    andrew123
    like
    • Shyon: 
      Appreciate that
  • andrew123
    2023-10-13
    andrew123
    l
    • Shyon: 
      😉😉😉
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