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- papajoepapajoe
  ·02-17
  STATUSPRO ANNOUNCES $20M SERIES A ROUND LED BY GV (GOOGLE VENTURES) TO CONTINUE TO DISRUPT AND REVOLUTIONIZE SPORTS THROUGH XR
  StatusPRO's flagship franchise NFL PRO ERA breaks 1M users and validates the company's vision to develop future sports titles. NEW YORK and MIAMI, Feb. 5, 2024 /PRNewswire/ -- StatusPRO, Inc., a sports technology and gaming company that uses real-time player data to create authentic extended reality experiences, today announced $20 million in new funding, one of the largest Series A of any VR gaming company to date, led by GV . StatusPRO is joining GV's investment portfolio of successful tech, healthcare, and consumer companies, asserting its spot as a standout and growing VR company in the space. After two years of laying a foundation in the sports gaming industry and establishing a new genre, first-person sports, StatusPRO will use the additional capital to broaden development into new sports titles while continuing to enhance its modes and features and further improve its cutting-edge technology."No matter if its virtual reality or spatial computing, our vision at StatusPRO is to de
  STATUSPRO ANNOUNCES $20M SERIES A ROUND LED BY GV (GOOGLE VENTURES) TO CONTINUE TO DISRUPT AND REVOLUTIONIZE SPORTS THROUGH XR
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- papajoepapajoe
  ·2023-07-25
  AI, going stronger
  25 Millionaire-Maker AI Stocks to Buy Now
  Wondering how to profit from the tech sector's newest boom? Here are the best AI stocks to buy for investors looking toward the future.
  25 Millionaire-Maker AI Stocks to Buy Now
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- papajoepapajoe
  ·2023-06-30
  Take note
  8 Top Growth Stocks to Watch for H2 2023
  One primary consideration is Apple’s expected iPhone release, which is expected in the third quart
  8 Top Growth Stocks to Watch for H2 2023
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- papajoepapajoe
  ·2023-05-29
  Good read on Palantir
  Why Palantir's Latest AI Initiatives Make It a Screaming Buy
  Management says it has already seen "unprecedented demand" for its latest product.
  Why Palantir's Latest AI Initiatives Make It a Screaming Buy
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- papajoepapajoe
  ·2023-05-19
  good read
  Sorry, this post has been deleted
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22:03","market":"us","language":"en","title":"STATUSPRO ANNOUNCES $20M SERIES A ROUND LED BY GV (GOOGLE VENTURES) TO CONTINUE TO DISRUPT AND REVOLUTIONIZE SPORTS THROUGH XR","url":"https://stock-news.laohu8.com/highlight/detail?id=2409348741","media":"StreetInsider","summary":"StatusPRO's flagship franchise NFL PRO ERA breaks 1M users and validates the company's vision to develop future sports titles. NEW YORK and MIAMI, Feb. 5, 2024 /PRNewswire/ -- StatusPRO, Inc., a sports technology and gaming company that uses real-time player data to create authentic extended reality experiences, today announced $20 million in new funding, one of the largest Series A of any VR gaming company to date, led by GV . StatusPRO is joining GV's investment portfolio of successful tech, healthcare, and consumer companies, asserting its spot as a standout and growing VR company in the space. After two years of laying a foundation in the sports gaming industry and establishing a new genre, first-person sports, StatusPRO will use the additional capital to broaden development into new sports titles while continuing to enhance its modes and features and further improve its cutting-edge technology.\"No matter if its virtual reality or spatial computing, our vision at StatusPRO is to de","content":"<html><body><div>\n<div>\n<p>StatusPRO's flagship franchise NFL PRO ERA breaks 1M users and validates the company's vision to develop future sports titles</p>\n<p><span><location idsrc=\"xmltag.org\" value=\"LU/us.ny.nyc\">NEW YORK</location> and <location idsrc=\"xmltag.org\" value=\"LU/us.fl.miami\">MIAMI</location></span>, <span><chron>Feb. 5, 2024</chron></span> /PRNewswire/ -- <u>StatusPRO</u>, Inc., a sports technology and gaming company that uses real-time player data to create authentic extended reality experiences, today announced <money>$20 million</money> in new funding, one of the largest Series A of any VR gaming company to date, led by <u>GV</u> (<span>Google Ventures</span>). StatusPRO is joining GV's investment portfolio of successful tech, healthcare, and consumer companies, asserting its spot as a standout and growing VR company in the space. After two years of laying a foundation in the sports gaming industry and establishing a new genre, first-person sports, StatusPRO will use the additional capital to broaden development into new sports titles while continuing to enhance its modes and features and further improve its cutting-edge technology.</p>\n<div>\n<p>\n<img src=\"https://mma.prnewswire.com/media/2333885/StatusPro_Alt_2Color_Black_Logo.jpg\" title=\"StatusPRO, Inc., a sports technology and gaming company that uses real-time player data to create authentic extended reality experiences, today announced $20 million in new funding, one of the largest Series A of any VR gaming company to date, led by GV (Google Ventures).\"/>\n</p>\n</div>\n<p>The round includes additional funding from <location idsrc=\"xmltag.org\" value=\"LC/in\">India's</location> renowned sports-tech giant <u><span>Dream Sports</span></u>, Minnesota Vikings Owners Mark &amp; <person>Zygi Wilf's</person> <u><span>Wise Ventures</span></u>, <u><span>JDS Sports</span></u>, and <u><span>Alumni Ventures</span></u>, with participation from existing investors including <person>LeBron James</person>, Drake, <person>Maverick Carter</person>, <span>Main Street Advisors</span>, <u><span>Haslam Sports Group</span></u> and more.</p>\n<p>StatusPRO was founded and developed by two former football players, <person>Troy Jones</person> and Andrew \"Hawk\" Hawkins, on the premise that the way coaches, players, and fans experience their favorite sports could be elevated to a new level through XR technology. In 2022, the Black-founded StatusPRO launched the first-ever NFL and NFLPA-licensed virtual reality (VR) simulation gaming franchise, NFL PRO ERA, and made its mark on the sports gaming category by allowing players to experience what it feels like to be on the field playing as QB of their favorite NFL team. This immersive, first-person simulation brings fans closer to the gridiron by giving them a professional football player's perspective through VR technology. Last October, the franchise, which highlighted NFL MVP and All Pro QB <person>Lamar Jackson</person> as its cover athlete, saw an evolution that introduced new features such as head-to-head multiplayer gameplay so players could interact, connect, and compete against one another in the virtual world.</p>\n<p>NFL PRO ERA is one of the most successful sports franchises in VR history. Since launch, StatusPRO has garnered over 1,000,000 users and players have spent an average of 41 minutes in game, estimated to be 2x longer compared to VR industry averages. As one of the top VR studios, StatusPRO has not only produced the fastest selling sports title in VR history but is a top title on the Meta Quest platform (top 10 in sales). NFL PRO ERA is among the most successful Black-founded gaming franchises ever.</p>\n<p>\"No matter if its virtual reality or spatial computing, our vision at StatusPRO is to define first-person sports and deliver experiences that truly embody the emotion, competition and sense of community that comes with being a professional athlete,\" said <person>Troy Jones</person>, co-founder and Chief Executive Officer of StatusPRO. \"The investment from GV, Dream, and all other syndicates in the round, further validates the opportunity to leverage emerging technology to innovate the way fans interact with their favorite sports and define a new form of engagement that brings current and future fans closer to the game.\"</p>\n<p>Other substantial new investments came from a diverse group of athletes, entertainers, firms, and industry leaders including <person>Myles Garrett</person>, <person>David Grutman</person>, <person>Bobby Wagner</person>, <person>Jeff Stibel</person>, <person>Peter Delgrosso</person>, Cameron Jordan, Kayvon Thibodeaux, <person>Crystal Hayslett</person>, <person>Devale Ellis</person>, TitletownTech, <span>Black Angel Group</span>, Life Line Family Heritage Fund, <span>Sun Technology Investors</span>, Andre Gaines of <span>Cinemation Studios</span>, and the Fuller Brothers of 6408 Ventures, among others.</p>\n<p>\"StatusPRO is building the next generation of sports and gaming entertainment through cutting-edge virtual reality. The company's unique technology-driven approach and meaningful partnerships have resulted in strong early growth and product traction,\" said M.G Siegler, Venture Partner at GV. \"<person>Troy Jones</person> and <person>Andrew Hawkins</person> have built an impressive team and track record of execution in a short time, and we're thrilled to support StatusPRO as they move the VR gaming industry forward.\"</p>\n<p>VR gaming continues to grow in popularity. The global VR gaming market is projected to grow from <money>$7.92 billion</money> in 2021 to <money>$53.44 billion</money> in 2028 at a <u>CAGR of 31.4%</u> in forecast period 2021-2028 period. With this projected growth, StatusPRO prepares for ongoing customer acquisition and retention while continuing to solidify the company as the innovative leader redefining the sports gaming world and eyeing global expansion in the sports VR market with a focus on future sports IP.</p><div><div><div></div></div></div>\n<p>\"As a former professional athlete, working with a dedicated team of people who have all participated in sports and worked for years across the sports business industry at a high level, we understand what it takes to compete and win,\" said <person>Andrew Hawkins</person>, co-founder and President of StatusPRO. \"We believe that VR is the innovative answer to help allow fans globally to see and experience what it's like to be a Pro. This is just the beginning for StatusPRO and paves the way for us to enter additional sectors of sports VR, opening doors for us to explore other professional sports avenues and teams.\"</p>\n<p>StatusPRO's NFL PRO ERA is available on the Meta Quest, Official PlayStation™, Pico, and <span>Steam Store</span>.</p>\n<p><b>For more information on StatusPRO, please visit: <u>https://www.status.pro </u></b></p>\n<p><b>For more information and assets, please access the <u>media kit</u>.</b></p>\n<p><b><u>ABOUT STATUSPRO:</u></b><span>StatusPRO, Inc.</span> is a sports technology company that combines data with augmented, mixed, and virtual reality to provide a suite of training and gaming products that revolutionize the way coaches, players, and fans experience their favorite sport. Headquartered in <location idsrc=\"xmltag.org\" value=\"LU/us.fl.miami\">Miami, FL</location>, StatusPRO is minority-owned and led, where almost half of its employees in <location idsrc=\"xmltag.org\" value=\"LC/us\">the United States</location> are former athletes. StatusPRO's ties to the NFL and the NFLPA began in its club locker rooms when co-founders and former elite football players <person>Troy Jones</person> and <person>Andrew (Hawk) Hawkins</person> had a vision to develop <span>Pre Game Prep</span>, a tool that would bring the brand's proprietary technology to NFL teams with the goal of improving the athlete training experience, which is now being utilized by NFL teams. The company's investors include notables such as <person>Naomi Osaka</person>, <person>LeBron James</person>, <person>Maverick Carter</person>, <person>Paul Wachter</person>, Drake, <person>Lamar Jackson</person>, along with investment groups Greycroft, TitletownTech, <span>Verizon Ventures</span>, <span>Haslam Sports Group</span>, 49ers <span>Enterprises KB Partners</span>, and SC Holdings.</p>\n<p><b><u>ABOUT GV:</u></b>GV provides venture capital funding to bold new companies. Across the fields of life science, enterprise technology, consumer products and services, and frontier technology, GV's portfolio companies aim to improve lives and transform industries. GV's team of world-class engineers, designers, physicians, scientists, marketers, and investors work together to provide startups with exceptional support.</p>\n<p>Launched as <span>Google Ventures</span> in 2009, GV is the venture capital arm of Alphabet, Inc. GV helps startups interface with <span idsrc=\"xmltag.org\" value=\"ACORN:2011175272\">Google</span>, providing unique access to the world's best technology and talent.</p>\n<p>GV has over <money>$8 billion</money> under management. Notable investment outcomes include Uber, Slack, <span>One Medical Group</span>, Nest, <span>Flatiron Health</span>, and Duo Security. GV is headquartered in <location idsrc=\"xmltag.org\" value=\"LU/us.ca.mntnvw\">Mountain View, California</location>, with offices in <location idsrc=\"xmltag.org\" value=\"LU/us.ca.sanfrn\">San Francisco</location>, <location idsrc=\"xmltag.org\" value=\"LU/us.ny.boston\">Boston, New York</location>, and <location idsrc=\"xmltag.org\" value=\"LU/gb.eng.london\">London</location>.</p>\n<p><img height=\"12\" src=\"https://c212.net/c/img/favicon.png?sn=NY28557&amp;sd=2024-02-05\" title=\"Cision\" width=\"12\"/> View original content to download multimedia:https://www.prnewswire.com/news-releases/statuspro-announces-20m-series-a-round-led-by-gv-google-ventures-to-continue-to-disrupt-and-revolutionize-sports-through-xr-302052952.html</p>\n<p>SOURCE StatusPRO</p>\n</div> </div></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>STATUSPRO ANNOUNCES $20M SERIES A ROUND LED BY GV (GOOGLE VENTURES) TO CONTINUE TO DISRUPT AND REVOLUTIONIZE SPORTS THROUGH XR</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nSTATUSPRO ANNOUNCES $20M SERIES A ROUND LED BY GV (GOOGLE VENTURES) TO CONTINUE TO DISRUPT AND REVOLUTIONIZE SPORTS THROUGH XR\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-05 22:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=22719511><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>StatusPRO's flagship franchise NFL PRO ERA breaks 1M users and validates the company's vision to develop future sports titles\nNEW YORK and MIAMI, Feb. 5, 2024 /PRNewswire/ -- StatusPRO, Inc., a sports...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=22719511\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0109392836.USD":"富兰克林科技股A","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","GV":"Visionary Holdings","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","GOOGL":"谷歌A","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0861579265.USD":"联博低波幅策略股票基金A","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","GOOG":"谷歌","LU0444971666.USD":"天利全球科技基金","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","VR":"GLOBAL X METAVERSE ETF","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4587":"ChatGPT概念","LU0557290698.USD":"施罗德环球可持续增长基金","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0238689110.USD":"贝莱德环球动力股票基金","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4588":"碎股","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4503":"景林资产持仓","LU0056508442.USD":"贝莱德世界科技基金A2","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0080751232.USD":"富达环球多元动力基金A","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BY":"Byline Bancorp Inc.","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H"},"source_url":"https://www.streetinsider.com/dr/news.php?id=22719511","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2409348741","content_text":"StatusPRO's flagship franchise NFL PRO ERA breaks 1M users and validates the company's vision to develop future sports titles\nNEW YORK and MIAMI, Feb. 5, 2024 /PRNewswire/ -- StatusPRO, Inc., a sports technology and gaming company that uses real-time player data to create authentic extended reality experiences, today announced $20 million in new funding, one of the largest Series A of any VR gaming company to date, led by GV (Google Ventures). StatusPRO is joining GV's investment portfolio of successful tech, healthcare, and consumer companies, asserting its spot as a standout and growing VR company in the space. After two years of laying a foundation in the sports gaming industry and establishing a new genre, first-person sports, StatusPRO will use the additional capital to broaden development into new sports titles while continuing to enhance its modes and features and further improve its cutting-edge technology.\n\n\n\n\n\nThe round includes additional funding from India's renowned sports-tech giant Dream Sports, Minnesota Vikings Owners Mark & Zygi Wilf's Wise Ventures, JDS Sports, and Alumni Ventures, with participation from existing investors including LeBron James, Drake, Maverick Carter, Main Street Advisors, Haslam Sports Group and more.\nStatusPRO was founded and developed by two former football players, Troy Jones and Andrew \"Hawk\" Hawkins, on the premise that the way coaches, players, and fans experience their favorite sports could be elevated to a new level through XR technology. In 2022, the Black-founded StatusPRO launched the first-ever NFL and NFLPA-licensed virtual reality (VR) simulation gaming franchise, NFL PRO ERA, and made its mark on the sports gaming category by allowing players to experience what it feels like to be on the field playing as QB of their favorite NFL team. This immersive, first-person simulation brings fans closer to the gridiron by giving them a professional football player's perspective through VR technology. Last October, the franchise, which highlighted NFL MVP and All Pro QB Lamar Jackson as its cover athlete, saw an evolution that introduced new features such as head-to-head multiplayer gameplay so players could interact, connect, and compete against one another in the virtual world.\nNFL PRO ERA is one of the most successful sports franchises in VR history. Since launch, StatusPRO has garnered over 1,000,000 users and players have spent an average of 41 minutes in game, estimated to be 2x longer compared to VR industry averages. As one of the top VR studios, StatusPRO has not only produced the fastest selling sports title in VR history but is a top title on the Meta Quest platform (top 10 in sales). NFL PRO ERA is among the most successful Black-founded gaming franchises ever.\n\"No matter if its virtual reality or spatial computing, our vision at StatusPRO is to define first-person sports and deliver experiences that truly embody the emotion, competition and sense of community that comes with being a professional athlete,\" said Troy Jones, co-founder and Chief Executive Officer of StatusPRO. \"The investment from GV, Dream, and all other syndicates in the round, further validates the opportunity to leverage emerging technology to innovate the way fans interact with their favorite sports and define a new form of engagement that brings current and future fans closer to the game.\"\nOther substantial new investments came from a diverse group of athletes, entertainers, firms, and industry leaders including Myles Garrett, David Grutman, Bobby Wagner, Jeff Stibel, Peter Delgrosso, Cameron Jordan, Kayvon Thibodeaux, Crystal Hayslett, Devale Ellis, TitletownTech, Black Angel Group, Life Line Family Heritage Fund, Sun Technology Investors, Andre Gaines of Cinemation Studios, and the Fuller Brothers of 6408 Ventures, among others.\n\"StatusPRO is building the next generation of sports and gaming entertainment through cutting-edge virtual reality. The company's unique technology-driven approach and meaningful partnerships have resulted in strong early growth and product traction,\" said M.G Siegler, Venture Partner at GV. \"Troy Jones and Andrew Hawkins have built an impressive team and track record of execution in a short time, and we're thrilled to support StatusPRO as they move the VR gaming industry forward.\"\nVR gaming continues to grow in popularity. The global VR gaming market is projected to grow from $7.92 billion in 2021 to $53.44 billion in 2028 at a CAGR of 31.4% in forecast period 2021-2028 period. With this projected growth, StatusPRO prepares for ongoing customer acquisition and retention while continuing to solidify the company as the innovative leader redefining the sports gaming world and eyeing global expansion in the sports VR market with a focus on future sports IP.\n\"As a former professional athlete, working with a dedicated team of people who have all participated in sports and worked for years across the sports business industry at a high level, we understand what it takes to compete and win,\" said Andrew Hawkins, co-founder and President of StatusPRO. \"We believe that VR is the innovative answer to help allow fans globally to see and experience what it's like to be a Pro. This is just the beginning for StatusPRO and paves the way for us to enter additional sectors of sports VR, opening doors for us to explore other professional sports avenues and teams.\"\nStatusPRO's NFL PRO ERA is available on the Meta Quest, Official PlayStation™, Pico, and Steam Store.\nFor more information on StatusPRO, please visit: https://www.status.pro \nFor more information and assets, please access the media kit.\nABOUT STATUSPRO:StatusPRO, Inc. is a sports technology company that combines data with augmented, mixed, and virtual reality to provide a suite of training and gaming products that revolutionize the way coaches, players, and fans experience their favorite sport. Headquartered in Miami, FL, StatusPRO is minority-owned and led, where almost half of its employees in the United States are former athletes. StatusPRO's ties to the NFL and the NFLPA began in its club locker rooms when co-founders and former elite football players Troy Jones and Andrew (Hawk) Hawkins had a vision to develop Pre Game Prep, a tool that would bring the brand's proprietary technology to NFL teams with the goal of improving the athlete training experience, which is now being utilized by NFL teams. The company's investors include notables such as Naomi Osaka, LeBron James, Maverick Carter, Paul Wachter, Drake, Lamar Jackson, along with investment groups Greycroft, TitletownTech, Verizon Ventures, Haslam Sports Group, 49ers Enterprises KB Partners, and SC Holdings.\nABOUT GV:GV provides venture capital funding to bold new companies. Across the fields of life science, enterprise technology, consumer products and services, and frontier technology, GV's portfolio companies aim to improve lives and transform industries. GV's team of world-class engineers, designers, physicians, scientists, marketers, and investors work together to provide startups with exceptional support.\nLaunched as Google Ventures in 2009, GV is the venture capital arm of Alphabet, Inc. GV helps startups interface with Google, providing unique access to the world's best technology and talent.\nGV has over $8 billion under management. Notable investment outcomes include Uber, Slack, One Medical Group, Nest, Flatiron Health, and Duo Security. GV is headquartered in Mountain View, California, with offices in San Francisco, Boston, New York, and London.\n View original content to download multimedia:https://www.prnewswire.com/news-releases/statuspro-announces-20m-series-a-round-led-by-gv-google-ventures-to-continue-to-disrupt-and-revolutionize-sports-through-xr-302052952.html\nSOURCE StatusPRO","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":201783599546560,"gmtCreate":1690271976503,"gmtModify":1690271980711,"author":{"id":"4096366466830930","authorId":"4096366466830930","name":"papajoe","avatar":"https://static.tigerbbs.com/c6fa797f49100b3ccd94e9815d4ef4c7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4096366466830930","idStr":"4096366466830930"},"themes":[],"htmlText":"AI, going stronger","listText":"AI, going stronger","text":"AI, going stronger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201783599546560","repostId":"2352047811","repostType":2,"repost":{"id":"2352047811","pubTimestamp":1689952648,"share":"https://ttm.financial/m/news/2352047811?lang=&edition=fundamental","pubTime":"2023-07-21 23:17","market":"us","language":"en","title":"25 Millionaire-Maker AI Stocks to Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2352047811","media":"InvestorPlace","summary":"Wondering how to profit from the tech sector's newest boom? Here are the best AI stocks to buy for investors looking toward the future.","content":"<html><head></head><body><ul><li><p>Months after the launch of ChatGPT, the artificial intelligence boom is still going strong.</p></li><li><p>More and more companies are incorporating AI tools into their products and services.</p></li><li><p>This trend has created a significant opportunity for investors to profit as the new gold rush continues.</p></li></ul><p>To say that artificial intelligence is transforming the world would be a drastic understatement. The launch of ChatGPT has pushed AI into full focus, with the chatbot reaching 1 million users in less than one week. This new technology is revolutionizing entire fields, performing many human tasks from office work to construction. It is also helping companies take significant steps forward toward producing fully autonomous vehicles. Whether you’re excited by the rise of AI or nervous about what it will mean for the future of humanity, it is impossible not to pay attention to it. For investors, this means assessing the best AI stocks to buy as the market’s newest gold rush continues</p><p><em>InvestorPlace</em> analyst Luke Lango sees tremendous opportunity in the new AI boom. He recently described the industry as having a moment similar to the release of the iPhone, which changed everything for <a href=\"https://laohu8.com/S/AAPL\">Apple </a>. In his words:</p><blockquote>“The AI megatrend is just getting started. ChatGPT really kickstarted this AI frenzy back in November 2022. We’re basically just seven months into the AI Boom. By comparison, the Internet Boom lasted almost 10 years – from the launch of the world’s first website in 1991 to the peak of the dot-com bubble in 2000. Compared to other big booms like gold in the 1970s, housing in the 2000s, and cryptos in the 2010s, this AI Boom is still both relatively young and small. It has a lot of runway ahead of it.”</blockquote><p>More and more companies are embracing the new technology, implementing machine learning and generative AI in their operations and products.</p><p>This means that the best AI stocks to buy aren’t always firms that operate strictly in the space. Companies across multiple sectors can offer investors exposure to the booming market as they double down on AI investment.</p><p>What are the best buys for investors seeking to cash in? Let’s take a closer look at the best AI stocks that still have room to run.</p><h2 id=\"id_3544801079\">AI Stocks to Buy: <a href=\"https://laohu8.com/S/ADBE\">Adobe</a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/31a67376d189f3d1a70b923c79677edb\" alt=\"Source: r.classen / Shutterstock.com\" title=\"Source: r.classen / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: r.classen / Shutterstock.com</span></p><p>While it’s perhaps best known as the maker of Photoshop, <strong>Adobe</strong> has a long history of innovation in the graphic design and document management space. It surged during the Covid-19 pandemic of 2020, and while ADBE stock has since come down, it is making impressive progress, up 50% in 2023. It has demonstrated strong fundamentals, reporting better-than-expected earnings for Q2 2023. As a result, Wall Street analysts are optimistic about its growth prospects heading into the second half of the year.</p><p>The AI boom should give investors and analysts even more reason to embrace ADBE stock.</p><p>As the economy transitions toward further reliance on AI, Adobe is primed to ride this wave to the top. It is incorporating generative AI into its well-known products. In May 2023, it added AI as a “Creative Co-Pilot” to Photoshop to enhance the beloved software’s features. This will likely make it an even more popular tool among graphic design professionals and other creatives who depend upon it, making ADBE a clear choice among AI stocks to buy.</p><h2 id=\"id_1561524626\"><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c09b9cca987ad6036cb42deb4c512c48\" alt=\"Source: salarko / Shutterstock.com\" title=\"Source: salarko / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: salarko / Shutterstock.com</span></p><p>All Silicon Valley giants are working overtime to help spur the AI revolution. It’s no surprise that Google’s parent company would be at the forefront.</p><p><strong>Alphabet </strong>got off to a somewhat rocky start when its AI chatbot Bard displayed clear misinformation. However, the company’s significant progress on the AI front shouldn’t go unappreciated.</p><p>In the months since, Google hasn’t slowed down in its quest to dominate this market. As the <em>MIT Technology Review</em> reports, it’s “throwing generative AI at everything,” applying it to products both past and present. Google’s PaLM 2 language model is already part of 25 products, including Google Maps, Google Sheets and Gmail. The company plans on using this new tech to help improve the user search experience too.</p><p>No matter where the AI market goes from here, Alphabet will lead the movement. It has the size and resources to invest in research and development wherever it needs to and scale production at any time.</p><h2 id=\"id_304089400\"><a href=\"https://laohu8.com/S/AMZN\">Amazon </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f4f663eb75dd9ab11109dd605e74b777\" alt=\"Source: Mike Mareen / Shutterstock.com\" title=\"Source: Mike Mareen / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: Mike Mareen / Shutterstock.com</span></p><p>For all the attention it has received, the modern AI revolution did not begin with ChatGPT. It really began when <strong>Amazon</strong> introduced the world to its Alexa device in 2014. Since then, the world has become accustomed to turning on lights, music and many other things through voice commands. Years later, Amazon has only redoubled its focus in AI, using it to optimize its products and services. The company is working to increase the speed at which it delivers packages by using AI to help it strategically place inventory.</p><p>Unlike many of its Big Tech rivals, Amazon isn’t necessarily trying to produce a chatbot of its own to rival ChatGPT. Moreover, it has decided to provide users with the tools they need to build their own. It responded to the rise of the chatbot by adding two new AI language models to its Amazon Web Services platform.</p><p>Amazon is also highly focused on robotics. It is attempting to acquire <strong>iRobot</strong> (NASDAQ:<strong>IRBT</strong>), the company behind the Roomba vacuum cleaner. More recently, it announced a partnership with AI startup <strong>Hugging Face</strong>, a software development hub that counts many tech sector giants as clients. Like Alphabet, Amazon is in an excellent position to continue growing by cornering new parts of the AI market.</p><h2 id=\"id_1071008481\"><a href=\"https://laohu8.com/S/ADSK\">Autodesk </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/caa0287ec782f19c5a593f1fe415564f\" alt=\"Source: JHVEPhoto / Shutterstock.com\" title=\"Source: JHVEPhoto / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: JHVEPhoto / Shutterstock.com</span></p><p>Contrary to its name, <strong>Autodesk</strong> doesn’t operate strictly in the automotive space. It is actually a dynamic software producer that supports many companies across multiple sectors, primarily serving architects and engineers. Its primary software products are Revit and Fusion 360, which are geared toward architectural design and manufacturing. These programs help make Autodesk a great bet for investors seeking AI exposure. As <em>InvestorPlace</em> contributor Vandita Jadeja reports:</p><blockquote>“These two are the main products of the company and using generative AI for the same will pay off in the long-term. Through these tools, engineers can set a range of parameters and have the software run simulations. It can save a lot of time and money. Its products can build structures and 3D animations which will help meet the changing demands of the industry.”</blockquote><p>It may not be a name that immediately comes to mind when someone thinks of AI stocks to buy. That said, Autodesk’s technology is likely to see a surge in demand as the AI revolution continues to develop.</p><p>As Jadeja also notes, it successfully meets the needs of a very large industry and one in which there isn’t much competition. Additionally, the company boasts strong financials and encouraging growth prospects. While ADSK stock has been fairly volatile over the past year, it is poised to ride the AI boom to new heights. </p><h2 id=\"id_294691448\">AI Stocks to Buy: <a href=\"https://laohu8.com/S/BIDU\">Baidu </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6a67c9339674e4c29ab63601571a5c71\" alt=\"Source: Andrey Solovev / Shutterstock.com\" title=\"Source: Andrey Solovev / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: Andrey Solovev / Shutterstock.com</span></p><p>A leader in China’s tech market, Baidu has a reach that spans many sectors, including IT, electronics and electric vehicles. It stands to reason that such a dynamic tech company would be focused on incorporating AI into its operations and Baidu is doing exactly that. But this Chinese tech innovator is taking it further and attempting to develop its own answer to ChatGPT. It recently claimed that its Ernie AI model has outperformed the chatbot “in comprehensive ability scores” and outperformed “GPT-4 in several Chinese capabilities.”</p><p>Baidu’s plans for AI don’t stop at its chatbot, though. It is making significant progress delivering driverless taxis to various Chinese cities. And while some companies are acquiring AI startups, Baidu has announced plans to roll out a venture fund to invest in companies that focus on AI applications that generate content. This could give it valuable exposure to some of the market’s hottest new AI innovators before they go public, thereby sending shares soaring.</p><p>As <em>InvestorPlace</em> contributor Chris MacDonald noted, while U.S. investors often overlook BIDU stock, the AI boom is a great reminder why they shouldn’t.</p><h2 id=\"id_1415294707\"><a href=\"https://laohu8.com/S/BGRY\">Berkshire Grey </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdcfed9943c09a17e9dc8e53835b4d1a\" alt=\"Source: Shutterstock\" title=\"Source: Shutterstock\" tg-width=\"300\" tg-height=\"169\"/><span>Source: Shutterstock</span></p><p>This little-known penny stock is one of the companies helping shape the future of work.</p><p>Despite its name, <strong>Berkshire Grey</strong>  isn’t owned by Warren Buffett. Based in Massachusetts, this AI innovator produces intelligent robotic automation solutions for industries such as e-commerce and retail. As noted, industry-leader Amazon is focused on optimizing AI to help reduce operating costs and maximize shipping efficiency. This means that companies in Berkshire Grey’s space will likely see a surge in demand for their robotic solutions as these trends take over and human workers are gradually phased out.</p><p>BRGY stock has been fairly volatile lately, but it currently trades at less than $1.50 per share. That should be highly enticing for investors who can stomach some risk. Penny stocks can make potential buyers nervous, but there are some key reasons to be optimistic about Berkshire Grey. As <em>InvestorPlace</em> contributor Alex Sirois reports, it touts “impressive productivity increases, including a 70% reduction in overhead costs and 90% faster truck unload times for its customers.” Amazon and its peers are likely to take notice and when they do, BGRY could skyrocket out of the penny stock category.</p><h2 id=\"id_367272608\"><a href=\"https://laohu8.com/S/BYDDY\">BYD Company </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/602e896695447d1928d9e1006c1f17f7\" alt=\"Source: shutterstock.com/Trygve Finkelsen\" title=\"Source: shutterstock.com/Trygve Finkelsen\" tg-width=\"300\" tg-height=\"169\"/><span>Source: shutterstock.com/Trygve Finkelsen</span></p><p>One of the most exciting aspects of the AI revolution is the possibility that it will take us to a future with driverless cars.</p><p>Electric vehicle producers are laser-focused on reaching this goal before their competitors do. While <strong>Tesla</strong> (NASDAQ:<strong><u>TSLA</u></strong>) is getting most of the attention, investors would be better served to focus on other automakers. <strong>BYD Company</strong> (OTCMKTS:<strong><u>BYDDY</u></strong>) is quietly leading China’s EV race and it is doubling down on incorporating AI in its vehicles. It has partnered with industry-leading chipmaker <strong>Nvidia</strong> (NASDAQ:<strong><u>NVDA</u></strong>) to bring the cutting edge DRIVE Orin platform to its new energy vehicles.</p><p>More recently, the company took a major step forward when it partnered with AI and metaverse innovator <strong>MeetKai</strong>. On July 11, the latter announced the launch of BYD World, an “interactive virtual dealership experience dedicated to providing new opportunities for customers to interact with the BYD brand and its products in Americas.” This could be BYD’s ticket into the U.S. market after it has already sold more vehicles than Tesla in China. This type of innovation makes it an excellent bet among both EV and AI stocks to buy as it gears up to expand its global reach. It has been touted as having the potential to reach a trillion-dollar valuation.</p><h2 id=\"id_1051170557\"><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/17cb3250e382150fd2a23ee9475defa7\" alt=\"Source: T. Schneider / Shutterstock.com\" title=\"Source: T. Schneider / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: T. Schneider / Shutterstock.com</span></p><p>We can’t talk about markets being changed by AI without discussing cybersecurity. <strong>CrowdStrike</strong>has been dominating that field for years, offering cybersecurity and data protection. Now AI is poised to help improve the tech solutions upon which many companies depend. <em>Forbes</em> reports that “76% of enterprises have prioritized AI and machine learning in their IT budgets.” Additionally, demand for cybersecurity services is growing faster than the human workforce. This means that the  firms prioritizing AI will have a clear advantage. And CrowdStrike is at the forefront of this movement. It recently introduced Charlotte AI, a generative AI analyst created to help users navigate its CrowdStrike Falcon platform.</p><p>This isn’t CrowdStrike’s first foray into AI, either. Far from it. In August 2022, the company rolled out AI-powered indicators of attack (IOAs), created by “cloud-native machine learning models.” On top of that, CRWD has continuously earned its place among both cybersecurity and AI stocks to buy.</p><h2 id=\"id_3895236997\"><a href=\"https://laohu8.com/S/GTLB\">GitLab </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e6f3f4ee7cd02aaf3e11c60c186277cd\" alt=\"Source: Lori Butcher / Shutterstock.com\" title=\"Source: Lori Butcher / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: Lori Butcher / Shutterstock.com</span></p><p>The current AI-centric economic landscape puts companies like <strong>GitLab</strong> in a perfect position. For years, this innovative DevOps platform has helped tech developers and teams build software. It enables collaboration which has been of paramount importance in the age of remote work. Now, more and more companies are rushing to enter the AI race while entrepreneurs are scrambling to build the next great AI startup. Both these trends stand to create significant demand for a platform like GitLab. As Sirois notes:</p><blockquote>“The reason that investors are so focused on GitLab is clear. The company has rapidly added AI features to its platform (10 recently), and posted revenue that was $9 million above analyst expectations, at $127 million. GitLab’s CEO Sid Sijbrandij was resolute in his belief that AI will help GitLab to make software for organizations faster than it could prior.”</blockquote><h2 id=\"id_2763027683\">AI Stocks to Buy: <a href=\"https://laohu8.com/S/FSLR\">First Solar </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6746e10713ab13b334e103a296ab6bb7\" alt=\"Source: IgorGolovniov / Shutterstock.com\" title=\"Source: IgorGolovniov / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: IgorGolovniov / Shutterstock.com</span></p><p>Despite some volatility over the past six months, <strong>First Solar</strong> has repeatedly proven that it can’t be kept down. This clean energy leader has risen more than 35% year to date (YTD). While it may not instantly come to mind when you think of AI stocks, that doesn’t mean it should be counted out.</p><p>Like all innovative manufacturers, First Solar has found ways to incorporate AI into its production to help improve its output and efficiency. In June 2021, the company invested $680 million in expanding its manufacturing capacity by building a new facility in Ohio. It stated that the new facility would “produce a higher degree of automation, precision, and continuous improvement” by combining worker power with AI and IOT connectivity.</p><p>First Solar also offers investors AI exposure through partnerships. It has teamed up with <strong>Microsoft</strong> to help the tech giant achieve its goal of becoming carbon neutral. Microsoft has made it clear that this will be achieved by further harnessing the growing power of AI and data science. First Solar has been making ample use of Microsoft’s technologies for some time, demonstrating the importance of AI for the manufacturing and clean energy markets.</p><h2 id=\"id_1994828916\"><a href=\"https://laohu8.com/S/HYMTF\">Hyundai Motors </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cdc21e6b55235d15dfc2ea32690e0e7f\" alt=\"Source: shutterstock.com/AntonovVitalii\" title=\"Source: shutterstock.com/AntonovVitalii\" tg-width=\"300\" tg-height=\"169\"/><span>Source: shutterstock.com/AntonovVitalii</span></p><p>This South Korean automaker doesn’t get as much attention as other car names. But to overlook <strong>Hyundai</strong> would be to make a critical mistake.</p><p>In June 2021, it completed the acquisition of Boston Dynamics, a company with years of progress demonstrating the power of robotic technology. One year later, it announced plans to launch the Boston Dynamics AI Institute, a project geared toward advancing AI and robotics. The company has already demonstrated progress on this front, sharing a video on its website of a robot helping potential buyers shop for cars.</p><p>Hyundai’s AI advancements don’t stop there. It is also highly focused on autonomous driving. As part of this, it announced that its IONIQ 5 robo-taxi would be hitting the streets in 2023. One of its South Korea-based affiliates has partnered with leading chipmaker <strong>Qualcomm</strong> (NASDAQ:<strong><u>QCOM</u></strong>) to further its autonomous driving tech. If this progress continues, Hyundai is likely to pose a threat to the other automakers who want to win the driverless race.</p><h2 id=\"id_3275815457\"><a href=\"https://laohu8.com/S/INOD\">Innodata </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f9904b7206d26beb34e8ecb29e43173\" alt=\"Source: carlos castilla/Shutterstock\" title=\"Source: carlos castilla/Shutterstock\" tg-width=\"300\" tg-height=\"169\"/><span>Source: carlos castilla/Shutterstock</span></p><p>You might not know the name <strong>Innodata</strong>, but if you’re seeking cheap AI stocks to buy before they explode, you absolutely should.</p><p>This company has surged more than 200% over the past six months and it still trades at less than $11 per share. Innodata operates in the business process solution space, helping companies solve complex data and engineering challenges through AI. And while it isn’t a household name yet, the company’s growth speaks for itself. InvestorPlace contributor Ian Cooper notes that for all the explosive growth it has seen recently, INOD stock has plenty of room to run as the AI boom powers it higher. In his words:</p><blockquote>“[The company] was selected by a leading cloud infrastructure and platform services company to provide large-scale data collection for a new AI computer vision initiative. Innodata also just signed a significant application re-engineering agreement to enable a customer to more fully leverage Innodata-built artificial intelligence/machine learning (AI/ML) models.”</blockquote><p>Cooper also notes that Innodata could stand to benefit from the increasing trend of tech giants acquiring smaller AI firms. In either case, the company is a likely winner among lesser-known AI innovators.</p><h2 id=\"id_2523484743\"><a href=\"https://laohu8.com/S/LAZR\">Luminar Technologies </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b47db7f691a3ff6f6f6b848042247bd\" alt=\"Source: JHVEPhoto/shutterstock.com\" title=\"Source: JHVEPhoto/shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: JHVEPhoto/shutterstock.com</span></p><p>Automakers are focused on winning the driverless race… and <strong>Luminar</strong> is helping several industry leaders get there.</p><p>This innovative startup produces lidar technology designed to make autonomous driving safer for everyone. It does this by helping vehicles detect their surroundings by sending out distance-measuring laser beams. And while Elon Musk has criticized this type of technology, he may live to eat his words. Other experts have praised Luminar’s innovations and speculated that its tech could help other automakers finish ahead of Tesla.</p><p>There’s good reason for this optimism. Luminar remains highly focused on growth through partnerships. In June 2023, it announced an agreement to bring its AI-based driving software to automated trucking company <strong>Plus</strong>. Before that, it collaborated with autonomous driving leader <strong>Pony.ai</strong> on a new sensing platform. Automakers clearly trust Luminar’s technology to help them make driverless cars safe.</p><h2 id=\"id_1030326480\"><a href=\"https://laohu8.com/S/MSFT\">Microsoft </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/23700901ba8a46843e963fe38ea62db6\" alt=\"Source: NYCStock / Shutterstock.com\" title=\"Source: NYCStock / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: NYCStock / Shutterstock.com</span></p><p></p><p>As one of the tech sector’s leading companies, it makes sense that <strong>Microsoft</strong> (NASDAQ:<strong><u>MSFT</u></strong>) would be helping lead the charge toward an AI-driven future. This Silicon Valley behemoth has plenty going for it, none the least of which is its multibillion-dollar investment in ChatGPT maker <strong>OpenAI</strong>. That alone would be enough to earn MSFT a place on a list of the top AI stocks to buy. But the company has plenty of other projects that make it worth betting on for investors seeking AI exposure. Its cloud computing platform Microsoft Azure includes many important features such as tools for users to create their own AI solutions.</p><p>Like its Big Tech peers, Microsoft has the resources to continue scaling its operations. It offers users the opportunity to do almost any business-related task that involves AI, from developing conversational AI bots to complex machine learning models. As the company continues incorporating advanced AI tools into its vast array of products, MSFT stock will only continue growing. Shares are up 50% over the past six months and they aren’t about to slow down as the AI boom picks up steam.</p><h2 id=\"id_645953666\"><a href=\"https://laohu8.com/S/MSTR\">MicroStrategy </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdfcb11b6632d3484829a4342fd194c4\" alt=\"Source: JOCA_PH / Shutterstock.com\" title=\"Source: JOCA_PH / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: JOCA_PH / Shutterstock.com</span></p><p></p><p>When this company makes headlines, it’s often for crypto-related matters. After all, the business intelligence consultancy currently owns $4.6 billion in <strong>Bitcoin</strong> (<strong>BTC-USD</strong>) and its co-founder Michael Saylor is a leading Bitcoin evangelist.</p><p>But <strong>MicroStrategy</strong> has been on a truly impressive winning streak recently, rising more than 200% over the past two quarters. The recent crypto rally has certainly helped, but it isn’t the only reason.</p><p>Known for producing enterprise analytics software, this company has also been busy incorporating AI-based tools into its tech. Its Data Whisperer program features a chatbot that helps users understand their data. It also uses AI models to bring new insights to customers by evaluating data to spot new trends and outlying factors. Meanwhile, the company has been exploring partnerships with industry leaders. As <em>InvestorPlace</em> contributor Tyrik Torres notes:</p><blockquote>“Recently, MicroStrategy announced a multi-year partnership with <strong>Microsoft</strong> to integrate MicroStrategy’s analytics into Microsoft’s Azure OpenAI service. This makes it one of those AI stocks with triple digit returns potentially in the future.”</blockquote><h2 id=\"id_1085506469\"><a href=\"https://laohu8.com/S/MBLY\">Mobileye Global </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6a645990879465f2fbc646f94f80af99\" alt=\"Source: VanderWolf Images / Shutterstock.com\" title=\"Source: VanderWolf Images / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: VanderWolf Images / Shutterstock.com</span></p><p>Like Luminar, <strong>Mobileye</strong> (NASDAQ:<strong>MBLY</strong>) is helping power the autonomous driving revolution.</p><p>The company produces advanced driver assistance systems (ADAS), which it claims have been deployed in more than 135 million vehicles. Pus, Mobileye produces both software and hardware systems, including chips and censors. This puts it in an excellent position to help automakers continue advancing toward a driverless future. In 2022, it began testing its tech in self-driving cars in both the U.S. and Germany in order to train its AI to handle a wider variety of road conditions.</p><p><em>InvestorPlace</em> contributor Tom Taulli sees MBLY as a potential winner among AI stocks to buy. He notes that while the company’s last earnings report did not thrill Wall Street, investors should regard it as an opportunity to pick up a valuable AI stock at a better valuation before it gains momentum. Taulli also adds that Mobileye comes with key advantages, such as a “patent portfolio, proprietary algorithms and rich data repositories.” All these factors could help MBLY keep rising as demand for autonomous driving solutions continues to grow.</p><h2 id=\"id_1337850962\"><a href=\"https://laohu8.com/S/NVDA\">Nvidia </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/131809121409895782dc85119faac691\" alt=\"Source: Poetra.RH / Shutterstock.com\" title=\"Source: Poetra.RH / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: Poetra.RH / Shutterstock.com</span></p><p>Since 2022, it’s been impossible to discuss AI stocks without the conversation turning to <strong>Nvidia</strong> (NASDAQ:<strong><u>NVDA</u></strong>). To say that this chipmaker has been the breakout stock of the year would be an understatement. It reached a trillion-dollar market cap during the AI boom and it seems as though the Silicon Valley darling is there to stay. It has soared over 150% over the past six months and while this may not seem sustainable, the company is showing no signs of slowing down. Many companies depend on Nvidia’s products to continue their AI efforts. This includes ChatGPT, which is said to be powered by Nvidia chips.</p><p>It doesn’t take much to see that this puts Nvidia in a position of power as the AI revolution rages on. In fact, it may be the most likely winner of the new AI-driven economy. Between the AI and metaverse, more and more companies will come to rely on Nvidia’s products, sending demand sky high. Simply having ChatGPT as a client would make it a clear choice among AI stocks to buy.</p><p>But as <em>InvestorPlace’s</em> Louis Navellier notes, Nvidia’s potential far exceeds the chatbot. The economy is moving in a new direction, creating a wave that NVDA stock is perfectly tailored to ride.</p><h2 id=\"id_4081461751\"><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce8f4feee72330d40a026c39243c120d\" alt=\"Source: Ascannio / Shutterstock.com\" title=\"Source: Ascannio / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: Ascannio / Shutterstock.com</span></p><p>The rise of machine learning is an excellent development for Big Data analytics. This means that firms in the space will be working overtime to implement AI into their day-to-day operations. <strong>Palantir Technologies</strong> (NYSE:<strong>PLTR</strong>) is up more than 170% year to date as the firm that helps other companies embrace Big Data.</p><p>The <em>Financial Times</em> recently described the rise of AI as the crisis that Palantir has been looking for. Palantir recently demonstrated its new AI platform’s military applications, and company insiders have claimed to be seeing “unprecedented demand” for it. Palantir also recently announced a partnership with autonomous drone technology producer <strong>AirMatrix</strong>, furthering its AI exposure even more.</p><h2 id=\"id_1988153748\"><a href=\"https://laohu8.com/S/ROK\">Rockwell Automation </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aba7abdddda4d869e506ff5e7e57b2f0\" alt=\"Source: JHVEPhoto / Shutterstock\" title=\"Source: JHVEPhoto / Shutterstock\" tg-width=\"300\" tg-height=\"169\"/><span>Source: JHVEPhoto / Shutterstock</span></p><p>Lango has described the AI boom as a “Mt. Everest-sized opportunity in AI robotics.” This means that established leaders in the space will have significant room to run as more companies prioritize automation. <strong>Rockwell Automation</strong> (NYSE:<strong><u>ROK</u></strong>) is exactly such a company. It focuses primarily on creating industrial automation and control systems, but its products and services are vast, spanning as far as cybersecurity and network solutions.</p><p>Rockwell hasn’t seen the type of gains that some companies on this list have this year. Investors should be careful to see the big picture, though. ROK stock has been gradually gaining momentum as the AI boom has taken off, demonstrating slow-but-steady growth. The company boasts robust financials and a truly global reach that will only expand more as demand for its products continues. As a trusted leader in the automation space, Rockwell will have a clear advantage in the coming year.</p><h2 id=\"id_1965477857\"><a href=\"https://laohu8.com/S/SOUN\">SoundHound AI </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/88fd4715cb3ac88de3cd346c03ed32f9\" alt=\"Source: Tada Images / Shutterstock\" title=\"Source: Tada Images / Shutterstock\" tg-width=\"300\" tg-height=\"169\"/><span>Source: Tada Images / Shutterstock</span></p><p>This stock likely isn’t on the radar of too many investors. But <strong>SoundHound AI</strong> (NASDAQ:<strong><u>SOUN</u></strong>) is worthy of investor attention.</p><p>The company has already proven that its audio and speech recognition technology has major applications for industries such as food service and automotive, as well as for contact centers. Its conversational AI tools can help businesses with tasks such as answering phones and taking messages and reservations. As workers opt away from these jobs, more and more small businesses will be seeking automated solutions. If you need help answering the phone, SoundHound might have exactly what you need.</p><p>Despite still trading below $5, SOUN stock has made impressive progress this year, rising 175% YTD. Cooper has also flagged it as a likely acquisition target, and with demand growing for its tech, it’s easy to see why. Additionally, SoundHound also saw a significant boost recently after being added to the <strong>Russell 2000</strong> and Russell 3000 indices. This will help the company gain legitimacy in the eyes of the financial community and will likely spur further investment.</p><h2 id=\"id_3365848981\"><a href=\"https://laohu8.com/S/SPLK\">Splunk </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a78a845c7e10425d1f2ec22e780781d5\" alt=\"Source: Michael Vi / Shutterstock.com\" title=\"Source: Michael Vi / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: Michael Vi / Shutterstock.com</span></p><p>For a leader in the workplace AI space, <strong>Splunk</strong> (NASDAQ:<strong>SPLK</strong>) hasn’t risen by as much as some of its peers. However, that just means investors have an opportunity to pick up a valuable stock at a discount.</p><p>This company also helps clients analyze and sort through their data. If Palantir is benefitting from the new data boom, Splunk could very well follow. It also features a generative AI tool used to enhance user experiences. This interface also allows the user to create Splunk Processing Language (SPL) queries. All this is meant to make Splunk’s valuable features more accessible to users.</p><p>On top of all that, the company recently reported fiscal Q1 2024 earnings and they did not disappoint. Splunk surpassed analyst estimates, reporting an 11% increase in revenue while annual recurring revenue rose by 16%. Even more impressive is its positive free cash flow, which saw a year-over-year (YOY) increase of 253%. When we consider all that, it’s not hard to see why Wall Street analysts remain highly bullish on SPLK stock.</p><h2 id=\"id_278414682\"><a href=\"https://laohu8.com/S/STEM\">Stem </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce05c26bc1f4001bac698ed92b15f5e5\" alt=\"Source: petrmalinak / Shutterstock\" title=\"Source: petrmalinak / Shutterstock\" tg-width=\"300\" tg-height=\"169\"/><span>Source: petrmalinak / Shutterstock</span></p><p></p><p>Another company that often gets overshadowed by its larger peers, <strong>Stem</strong> (NYSE:<strong><u>STEM</u></strong>) offers investors exposure to both the AI and clean energy markets.</p><p>This perch at the intersection of these two growing sectors, combined with its low price point of less than $10, should make it an enticing play for investors who don’t mind a little risk. STEM stock has been on a winning streak this month, rising more than 26% and making it clear it doesn’t intend to slow down. Part of this is likely due to AI driven momentum. Stem’s Athena platform uses this new tech to maximize “energy asset performance and investments,” providing a valuable service. As I previously reported :</p><blockquote>“The rising costs of electricity are creating a highly favorable economic landscape for Stem. As more and more companies invest in clean energy solutions, programs like Athena will become necessary for management and efficiency purposes. Stem’s revenue has been rising steadily this year, but the company is poised to soar in the coming years as it plays a critical role in both the green and AI revolutions.”</blockquote><h2 id=\"id_1936777046\"><a href=\"https://laohu8.com/S/SYM\">Symbotic </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0bfbe759b2e0dce9840f80571dbd1e4e\" alt=\"Source: shutterstock.com/Allies Interactive\" title=\"Source: shutterstock.com/Allies Interactive\" tg-width=\"300\" tg-height=\"169\"/><span>Source: shutterstock.com/Allies Interactive</span></p><p>Based in Wilmington, Massachusetts, this warehouse automation innovator is also riding the robotics boom that Lango discussed. <strong>Symbotic</strong> (NASDAQ:<strong>SYM</strong>) has surged by an astonishing 275% YTD, proving just how powerful the demand for warehouse automation is. It produces both robots driven by AI and an automation platform for warehouses. It has partnered with retail powerhouses such as <strong>Walmart</strong> (NYSE:<strong>WMT</strong>) and <strong>Albertsons </strong>(NYSE:<strong><u>ACI</u></strong>). Other companies are likely to follow as demand for robotic solutions in warehouse and shipping facilities increases. This technology can allow companies to decrease their operating costs and increase shipping efficiency, making it a worthwhile investment.</p><p>“Symbotic is also poised to benefit from higher spending by consumers on physical products, a phenomenon that I expect to begin occurring in earnest during the current quarter,” notes <em>InvestorPlace</em> contributor Larry Ramer.</p><p>That’s just one of the reasons that Ramer considers SYM stock to be one of the best ways to gain AI exposure.</p><h2 id=\"id_3474729817\"><a href=\"https://laohu8.com/S/TER\">Teradyne </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/def11b91edf497440cb47c10545d3ed8\" alt=\"Source: Michael Vi / Shutterstock.com\" title=\"Source: Michael Vi / Shutterstock.com\" tg-width=\"300\" tg-height=\"169\"/><span>Source: Michael Vi / Shutterstock.com</span></p><p>One of the world’s largest robotic technology producers, <strong>Teradyne</strong> (NASDAQ:<strong><u>TER</u></strong>) designs and manufactures automatic test equipment but it also produces collaborative robots, designed to work alongside humans. The company has taken significant steps to expand its AI operations, acquiring both Universal Robots and Mobile Industrial Robots. These deals give it a sizable share of an already booming market that is likely to only increase as industry trends spur demand for the type of robotic solutions that Teradyne provides.</p><p>Teradyne’s power lies in the fact that it both manufactures top-of-the-line equipment <em>and</em> creates robots designed to help automate away mundane tasks. Those are two areas in which demand isn’t fading, allowing it a clear pathway to growth. It has also partnered with companies in the automotive, defense and aerospace sectors, giving investors even more reason to bet on it. For these reasons, <em>InvestorPlace</em> contributor Faizan Farooque believes it has the potential to deliver “life-changing returns.”</p><h2 id=\"id_3463716067\"><a href=\"https://laohu8.com/S/WLDS\">Wearable Devices </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c6bb21333ee96bc2f5b6968eea44f923\" alt=\"Source: shutterstock.com/LDprod\" title=\"Source: shutterstock.com/LDprod\" tg-width=\"300\" tg-height=\"169\"/><span>Source: shutterstock.com/LDprod</span></p><p>This may seem like an unconventional choice for a list of the best AI stocks to buy. But pay attention.</p><p>Wearable Devices is developing an AI-based “wearable neural interface” that could take it out of penny stock territory. Wearable Devices wants to put this device in the form of a wristband that can control technology with “subtle finger movements.”</p><p>Earlier this year, the company received a $900,00 grant from the Israel Innovation Authority (IIA) to develop the neural interface, sending shares soaring. It has had an overall outstanding year, rising 215% YTD and still trading at less than $2 per share.</p><p>If investors don’t mind some risk, WLDS could prove a highly profitable investment if it can get its flagship device to market. Its technology could prove to be the next big thing in AI, assuming it can keep developing it successfully.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>25 Millionaire-Maker AI Stocks to Buy Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\n25 Millionaire-Maker AI Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-21 23:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/07/25-millionaire-maker-ai-stocks-to-buy-now/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Months after the launch of ChatGPT, the artificial intelligence boom is still going strong.More and more companies are incorporating AI tools into their products and services.This trend has created a ...</p>\n\n<a href=\"https://investorplace.com/2023/07/25-millionaire-maker-ai-stocks-to-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INOD":"Innodata Inc","ROK":"罗克韦尔自动化","SPLK":"Splunk Inc","NVDA":"英伟达","SYM.AU":"Symbio Holdings Ltd","LAZR":"Luminar Technologies, Inc.","AAPL":"苹果","MSFT":"微软","SQQQ":"纳指三倍做空ETF","GOOGL":"谷歌A","STEM":"Stem Inc.","QLD":"纳指两倍做多ETF","GOOG":"谷歌","PSQ":"纳指反向ETF","PLTR":"Palantir Technologies Inc.","IRBT":"iRobot Corp.","MBLY":"Mobileye Global Inc.","MSTR":"MicroStrategy","QCOM":"高通","TQQQ":"纳指三倍做多ETF","TER":"泰瑞达","ADSK":"欧特克","ADBE":"Adobe","SOUN":"SoundHound AI Inc","AMZN":"亚马逊","WMT":"沃尔玛","QQQ":"纳指100ETF","WLDS":"Wearable Devices Ltd.","ACI":"艾伯森","CRWD":"CrowdStrike Holdings, Inc.","BGRY":"Berkshire Grey, Inc.","SYM":"Symbotic Inc.","QID":"纳指两倍做空ETF","BIDU":"百度","TSLA":"特斯拉","FSLR":"第一太阳能","GTLB":"GitLab, Inc."},"source_url":"https://investorplace.com/2023/07/25-millionaire-maker-ai-stocks-to-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2352047811","content_text":"Months after the launch of ChatGPT, the artificial intelligence boom is still going strong.More and more companies are incorporating AI tools into their products and services.This trend has created a significant opportunity for investors to profit as the new gold rush continues.To say that artificial intelligence is transforming the world would be a drastic understatement. The launch of ChatGPT has pushed AI into full focus, with the chatbot reaching 1 million users in less than one week. This new technology is revolutionizing entire fields, performing many human tasks from office work to construction. It is also helping companies take significant steps forward toward producing fully autonomous vehicles. Whether you’re excited by the rise of AI or nervous about what it will mean for the future of humanity, it is impossible not to pay attention to it. For investors, this means assessing the best AI stocks to buy as the market’s newest gold rush continuesInvestorPlace analyst Luke Lango sees tremendous opportunity in the new AI boom. He recently described the industry as having a moment similar to the release of the iPhone, which changed everything for Apple . In his words:“The AI megatrend is just getting started. ChatGPT really kickstarted this AI frenzy back in November 2022. We’re basically just seven months into the AI Boom. By comparison, the Internet Boom lasted almost 10 years – from the launch of the world’s first website in 1991 to the peak of the dot-com bubble in 2000. Compared to other big booms like gold in the 1970s, housing in the 2000s, and cryptos in the 2010s, this AI Boom is still both relatively young and small. It has a lot of runway ahead of it.”More and more companies are embracing the new technology, implementing machine learning and generative AI in their operations and products.This means that the best AI stocks to buy aren’t always firms that operate strictly in the space. Companies across multiple sectors can offer investors exposure to the booming market as they double down on AI investment.What are the best buys for investors seeking to cash in? Let’s take a closer look at the best AI stocks that still have room to run.AI Stocks to Buy: AdobeSource: r.classen / Shutterstock.comWhile it’s perhaps best known as the maker of Photoshop, Adobe has a long history of innovation in the graphic design and document management space. It surged during the Covid-19 pandemic of 2020, and while ADBE stock has since come down, it is making impressive progress, up 50% in 2023. It has demonstrated strong fundamentals, reporting better-than-expected earnings for Q2 2023. As a result, Wall Street analysts are optimistic about its growth prospects heading into the second half of the year.The AI boom should give investors and analysts even more reason to embrace ADBE stock.As the economy transitions toward further reliance on AI, Adobe is primed to ride this wave to the top. It is incorporating generative AI into its well-known products. In May 2023, it added AI as a “Creative Co-Pilot” to Photoshop to enhance the beloved software’s features. This will likely make it an even more popular tool among graphic design professionals and other creatives who depend upon it, making ADBE a clear choice among AI stocks to buy.AlphabetSource: salarko / Shutterstock.comAll Silicon Valley giants are working overtime to help spur the AI revolution. It’s no surprise that Google’s parent company would be at the forefront.Alphabet got off to a somewhat rocky start when its AI chatbot Bard displayed clear misinformation. However, the company’s significant progress on the AI front shouldn’t go unappreciated.In the months since, Google hasn’t slowed down in its quest to dominate this market. As the MIT Technology Review reports, it’s “throwing generative AI at everything,” applying it to products both past and present. Google’s PaLM 2 language model is already part of 25 products, including Google Maps, Google Sheets and Gmail. The company plans on using this new tech to help improve the user search experience too.No matter where the AI market goes from here, Alphabet will lead the movement. It has the size and resources to invest in research and development wherever it needs to and scale production at any time.Amazon Source: Mike Mareen / Shutterstock.comFor all the attention it has received, the modern AI revolution did not begin with ChatGPT. It really began when Amazon introduced the world to its Alexa device in 2014. Since then, the world has become accustomed to turning on lights, music and many other things through voice commands. Years later, Amazon has only redoubled its focus in AI, using it to optimize its products and services. The company is working to increase the speed at which it delivers packages by using AI to help it strategically place inventory.Unlike many of its Big Tech rivals, Amazon isn’t necessarily trying to produce a chatbot of its own to rival ChatGPT. Moreover, it has decided to provide users with the tools they need to build their own. It responded to the rise of the chatbot by adding two new AI language models to its Amazon Web Services platform.Amazon is also highly focused on robotics. It is attempting to acquire iRobot (NASDAQ:IRBT), the company behind the Roomba vacuum cleaner. More recently, it announced a partnership with AI startup Hugging Face, a software development hub that counts many tech sector giants as clients. Like Alphabet, Amazon is in an excellent position to continue growing by cornering new parts of the AI market.Autodesk Source: JHVEPhoto / Shutterstock.comContrary to its name, Autodesk doesn’t operate strictly in the automotive space. It is actually a dynamic software producer that supports many companies across multiple sectors, primarily serving architects and engineers. Its primary software products are Revit and Fusion 360, which are geared toward architectural design and manufacturing. These programs help make Autodesk a great bet for investors seeking AI exposure. As InvestorPlace contributor Vandita Jadeja reports:“These two are the main products of the company and using generative AI for the same will pay off in the long-term. Through these tools, engineers can set a range of parameters and have the software run simulations. It can save a lot of time and money. Its products can build structures and 3D animations which will help meet the changing demands of the industry.”It may not be a name that immediately comes to mind when someone thinks of AI stocks to buy. That said, Autodesk’s technology is likely to see a surge in demand as the AI revolution continues to develop.As Jadeja also notes, it successfully meets the needs of a very large industry and one in which there isn’t much competition. Additionally, the company boasts strong financials and encouraging growth prospects. While ADSK stock has been fairly volatile over the past year, it is poised to ride the AI boom to new heights. AI Stocks to Buy: Baidu Source: Andrey Solovev / Shutterstock.comA leader in China’s tech market, Baidu has a reach that spans many sectors, including IT, electronics and electric vehicles. It stands to reason that such a dynamic tech company would be focused on incorporating AI into its operations and Baidu is doing exactly that. But this Chinese tech innovator is taking it further and attempting to develop its own answer to ChatGPT. It recently claimed that its Ernie AI model has outperformed the chatbot “in comprehensive ability scores” and outperformed “GPT-4 in several Chinese capabilities.”Baidu’s plans for AI don’t stop at its chatbot, though. It is making significant progress delivering driverless taxis to various Chinese cities. And while some companies are acquiring AI startups, Baidu has announced plans to roll out a venture fund to invest in companies that focus on AI applications that generate content. This could give it valuable exposure to some of the market’s hottest new AI innovators before they go public, thereby sending shares soaring.As InvestorPlace contributor Chris MacDonald noted, while U.S. investors often overlook BIDU stock, the AI boom is a great reminder why they shouldn’t.Berkshire Grey Source: ShutterstockThis little-known penny stock is one of the companies helping shape the future of work.Despite its name, Berkshire Grey  isn’t owned by Warren Buffett. Based in Massachusetts, this AI innovator produces intelligent robotic automation solutions for industries such as e-commerce and retail. As noted, industry-leader Amazon is focused on optimizing AI to help reduce operating costs and maximize shipping efficiency. This means that companies in Berkshire Grey’s space will likely see a surge in demand for their robotic solutions as these trends take over and human workers are gradually phased out.BRGY stock has been fairly volatile lately, but it currently trades at less than $1.50 per share. That should be highly enticing for investors who can stomach some risk. Penny stocks can make potential buyers nervous, but there are some key reasons to be optimistic about Berkshire Grey. As InvestorPlace contributor Alex Sirois reports, it touts “impressive productivity increases, including a 70% reduction in overhead costs and 90% faster truck unload times for its customers.” Amazon and its peers are likely to take notice and when they do, BGRY could skyrocket out of the penny stock category.BYD Company Source: shutterstock.com/Trygve FinkelsenOne of the most exciting aspects of the AI revolution is the possibility that it will take us to a future with driverless cars.Electric vehicle producers are laser-focused on reaching this goal before their competitors do. While Tesla (NASDAQ:TSLA) is getting most of the attention, investors would be better served to focus on other automakers. BYD Company (OTCMKTS:BYDDY) is quietly leading China’s EV race and it is doubling down on incorporating AI in its vehicles. It has partnered with industry-leading chipmaker Nvidia (NASDAQ:NVDA) to bring the cutting edge DRIVE Orin platform to its new energy vehicles.More recently, the company took a major step forward when it partnered with AI and metaverse innovator MeetKai. On July 11, the latter announced the launch of BYD World, an “interactive virtual dealership experience dedicated to providing new opportunities for customers to interact with the BYD brand and its products in Americas.” This could be BYD’s ticket into the U.S. market after it has already sold more vehicles than Tesla in China. This type of innovation makes it an excellent bet among both EV and AI stocks to buy as it gears up to expand its global reach. It has been touted as having the potential to reach a trillion-dollar valuation.CrowdStrike Source: T. Schneider / Shutterstock.comWe can’t talk about markets being changed by AI without discussing cybersecurity. CrowdStrikehas been dominating that field for years, offering cybersecurity and data protection. Now AI is poised to help improve the tech solutions upon which many companies depend. Forbes reports that “76% of enterprises have prioritized AI and machine learning in their IT budgets.” Additionally, demand for cybersecurity services is growing faster than the human workforce. This means that the  firms prioritizing AI will have a clear advantage. And CrowdStrike is at the forefront of this movement. It recently introduced Charlotte AI, a generative AI analyst created to help users navigate its CrowdStrike Falcon platform.This isn’t CrowdStrike’s first foray into AI, either. Far from it. In August 2022, the company rolled out AI-powered indicators of attack (IOAs), created by “cloud-native machine learning models.” On top of that, CRWD has continuously earned its place among both cybersecurity and AI stocks to buy.GitLab Source: Lori Butcher / Shutterstock.comThe current AI-centric economic landscape puts companies like GitLab in a perfect position. For years, this innovative DevOps platform has helped tech developers and teams build software. It enables collaboration which has been of paramount importance in the age of remote work. Now, more and more companies are rushing to enter the AI race while entrepreneurs are scrambling to build the next great AI startup. Both these trends stand to create significant demand for a platform like GitLab. As Sirois notes:“The reason that investors are so focused on GitLab is clear. The company has rapidly added AI features to its platform (10 recently), and posted revenue that was $9 million above analyst expectations, at $127 million. GitLab’s CEO Sid Sijbrandij was resolute in his belief that AI will help GitLab to make software for organizations faster than it could prior.”AI Stocks to Buy: First Solar Source: IgorGolovniov / Shutterstock.comDespite some volatility over the past six months, First Solar has repeatedly proven that it can’t be kept down. This clean energy leader has risen more than 35% year to date (YTD). While it may not instantly come to mind when you think of AI stocks, that doesn’t mean it should be counted out.Like all innovative manufacturers, First Solar has found ways to incorporate AI into its production to help improve its output and efficiency. In June 2021, the company invested $680 million in expanding its manufacturing capacity by building a new facility in Ohio. It stated that the new facility would “produce a higher degree of automation, precision, and continuous improvement” by combining worker power with AI and IOT connectivity.First Solar also offers investors AI exposure through partnerships. It has teamed up with Microsoft to help the tech giant achieve its goal of becoming carbon neutral. Microsoft has made it clear that this will be achieved by further harnessing the growing power of AI and data science. First Solar has been making ample use of Microsoft’s technologies for some time, demonstrating the importance of AI for the manufacturing and clean energy markets.Hyundai Motors Source: shutterstock.com/AntonovVitaliiThis South Korean automaker doesn’t get as much attention as other car names. But to overlook Hyundai would be to make a critical mistake.In June 2021, it completed the acquisition of Boston Dynamics, a company with years of progress demonstrating the power of robotic technology. One year later, it announced plans to launch the Boston Dynamics AI Institute, a project geared toward advancing AI and robotics. The company has already demonstrated progress on this front, sharing a video on its website of a robot helping potential buyers shop for cars.Hyundai’s AI advancements don’t stop there. It is also highly focused on autonomous driving. As part of this, it announced that its IONIQ 5 robo-taxi would be hitting the streets in 2023. One of its South Korea-based affiliates has partnered with leading chipmaker Qualcomm (NASDAQ:QCOM) to further its autonomous driving tech. If this progress continues, Hyundai is likely to pose a threat to the other automakers who want to win the driverless race.Innodata Source: carlos castilla/ShutterstockYou might not know the name Innodata, but if you’re seeking cheap AI stocks to buy before they explode, you absolutely should.This company has surged more than 200% over the past six months and it still trades at less than $11 per share. Innodata operates in the business process solution space, helping companies solve complex data and engineering challenges through AI. And while it isn’t a household name yet, the company’s growth speaks for itself. InvestorPlace contributor Ian Cooper notes that for all the explosive growth it has seen recently, INOD stock has plenty of room to run as the AI boom powers it higher. In his words:“[The company] was selected by a leading cloud infrastructure and platform services company to provide large-scale data collection for a new AI computer vision initiative. Innodata also just signed a significant application re-engineering agreement to enable a customer to more fully leverage Innodata-built artificial intelligence/machine learning (AI/ML) models.”Cooper also notes that Innodata could stand to benefit from the increasing trend of tech giants acquiring smaller AI firms. In either case, the company is a likely winner among lesser-known AI innovators.Luminar Technologies Source: JHVEPhoto/shutterstock.comAutomakers are focused on winning the driverless race… and Luminar is helping several industry leaders get there.This innovative startup produces lidar technology designed to make autonomous driving safer for everyone. It does this by helping vehicles detect their surroundings by sending out distance-measuring laser beams. And while Elon Musk has criticized this type of technology, he may live to eat his words. Other experts have praised Luminar’s innovations and speculated that its tech could help other automakers finish ahead of Tesla.There’s good reason for this optimism. Luminar remains highly focused on growth through partnerships. In June 2023, it announced an agreement to bring its AI-based driving software to automated trucking company Plus. Before that, it collaborated with autonomous driving leader Pony.ai on a new sensing platform. Automakers clearly trust Luminar’s technology to help them make driverless cars safe.Microsoft Source: NYCStock / Shutterstock.comAs one of the tech sector’s leading companies, it makes sense that Microsoft (NASDAQ:MSFT) would be helping lead the charge toward an AI-driven future. This Silicon Valley behemoth has plenty going for it, none the least of which is its multibillion-dollar investment in ChatGPT maker OpenAI. That alone would be enough to earn MSFT a place on a list of the top AI stocks to buy. But the company has plenty of other projects that make it worth betting on for investors seeking AI exposure. Its cloud computing platform Microsoft Azure includes many important features such as tools for users to create their own AI solutions.Like its Big Tech peers, Microsoft has the resources to continue scaling its operations. It offers users the opportunity to do almost any business-related task that involves AI, from developing conversational AI bots to complex machine learning models. As the company continues incorporating advanced AI tools into its vast array of products, MSFT stock will only continue growing. Shares are up 50% over the past six months and they aren’t about to slow down as the AI boom picks up steam.MicroStrategy Source: JOCA_PH / Shutterstock.comWhen this company makes headlines, it’s often for crypto-related matters. After all, the business intelligence consultancy currently owns $4.6 billion in Bitcoin (BTC-USD) and its co-founder Michael Saylor is a leading Bitcoin evangelist.But MicroStrategy has been on a truly impressive winning streak recently, rising more than 200% over the past two quarters. The recent crypto rally has certainly helped, but it isn’t the only reason.Known for producing enterprise analytics software, this company has also been busy incorporating AI-based tools into its tech. Its Data Whisperer program features a chatbot that helps users understand their data. It also uses AI models to bring new insights to customers by evaluating data to spot new trends and outlying factors. Meanwhile, the company has been exploring partnerships with industry leaders. As InvestorPlace contributor Tyrik Torres notes:“Recently, MicroStrategy announced a multi-year partnership with Microsoft to integrate MicroStrategy’s analytics into Microsoft’s Azure OpenAI service. This makes it one of those AI stocks with triple digit returns potentially in the future.”Mobileye Global Source: VanderWolf Images / Shutterstock.comLike Luminar, Mobileye (NASDAQ:MBLY) is helping power the autonomous driving revolution.The company produces advanced driver assistance systems (ADAS), which it claims have been deployed in more than 135 million vehicles. Pus, Mobileye produces both software and hardware systems, including chips and censors. This puts it in an excellent position to help automakers continue advancing toward a driverless future. In 2022, it began testing its tech in self-driving cars in both the U.S. and Germany in order to train its AI to handle a wider variety of road conditions.InvestorPlace contributor Tom Taulli sees MBLY as a potential winner among AI stocks to buy. He notes that while the company’s last earnings report did not thrill Wall Street, investors should regard it as an opportunity to pick up a valuable AI stock at a better valuation before it gains momentum. Taulli also adds that Mobileye comes with key advantages, such as a “patent portfolio, proprietary algorithms and rich data repositories.” All these factors could help MBLY keep rising as demand for autonomous driving solutions continues to grow.Nvidia Source: Poetra.RH / Shutterstock.comSince 2022, it’s been impossible to discuss AI stocks without the conversation turning to Nvidia (NASDAQ:NVDA). To say that this chipmaker has been the breakout stock of the year would be an understatement. It reached a trillion-dollar market cap during the AI boom and it seems as though the Silicon Valley darling is there to stay. It has soared over 150% over the past six months and while this may not seem sustainable, the company is showing no signs of slowing down. Many companies depend on Nvidia’s products to continue their AI efforts. This includes ChatGPT, which is said to be powered by Nvidia chips.It doesn’t take much to see that this puts Nvidia in a position of power as the AI revolution rages on. In fact, it may be the most likely winner of the new AI-driven economy. Between the AI and metaverse, more and more companies will come to rely on Nvidia’s products, sending demand sky high. Simply having ChatGPT as a client would make it a clear choice among AI stocks to buy.But as InvestorPlace’s Louis Navellier notes, Nvidia’s potential far exceeds the chatbot. The economy is moving in a new direction, creating a wave that NVDA stock is perfectly tailored to ride.Palantir Technologies Source: Ascannio / Shutterstock.comThe rise of machine learning is an excellent development for Big Data analytics. This means that firms in the space will be working overtime to implement AI into their day-to-day operations. Palantir Technologies (NYSE:PLTR) is up more than 170% year to date as the firm that helps other companies embrace Big Data.The Financial Times recently described the rise of AI as the crisis that Palantir has been looking for. Palantir recently demonstrated its new AI platform’s military applications, and company insiders have claimed to be seeing “unprecedented demand” for it. Palantir also recently announced a partnership with autonomous drone technology producer AirMatrix, furthering its AI exposure even more.Rockwell Automation Source: JHVEPhoto / ShutterstockLango has described the AI boom as a “Mt. Everest-sized opportunity in AI robotics.” This means that established leaders in the space will have significant room to run as more companies prioritize automation. Rockwell Automation (NYSE:ROK) is exactly such a company. It focuses primarily on creating industrial automation and control systems, but its products and services are vast, spanning as far as cybersecurity and network solutions.Rockwell hasn’t seen the type of gains that some companies on this list have this year. Investors should be careful to see the big picture, though. ROK stock has been gradually gaining momentum as the AI boom has taken off, demonstrating slow-but-steady growth. The company boasts robust financials and a truly global reach that will only expand more as demand for its products continues. As a trusted leader in the automation space, Rockwell will have a clear advantage in the coming year.SoundHound AI Source: Tada Images / ShutterstockThis stock likely isn’t on the radar of too many investors. But SoundHound AI (NASDAQ:SOUN) is worthy of investor attention.The company has already proven that its audio and speech recognition technology has major applications for industries such as food service and automotive, as well as for contact centers. Its conversational AI tools can help businesses with tasks such as answering phones and taking messages and reservations. As workers opt away from these jobs, more and more small businesses will be seeking automated solutions. If you need help answering the phone, SoundHound might have exactly what you need.Despite still trading below $5, SOUN stock has made impressive progress this year, rising 175% YTD. Cooper has also flagged it as a likely acquisition target, and with demand growing for its tech, it’s easy to see why. Additionally, SoundHound also saw a significant boost recently after being added to the Russell 2000 and Russell 3000 indices. This will help the company gain legitimacy in the eyes of the financial community and will likely spur further investment.Splunk Source: Michael Vi / Shutterstock.comFor a leader in the workplace AI space, Splunk (NASDAQ:SPLK) hasn’t risen by as much as some of its peers. However, that just means investors have an opportunity to pick up a valuable stock at a discount.This company also helps clients analyze and sort through their data. If Palantir is benefitting from the new data boom, Splunk could very well follow. It also features a generative AI tool used to enhance user experiences. This interface also allows the user to create Splunk Processing Language (SPL) queries. All this is meant to make Splunk’s valuable features more accessible to users.On top of all that, the company recently reported fiscal Q1 2024 earnings and they did not disappoint. Splunk surpassed analyst estimates, reporting an 11% increase in revenue while annual recurring revenue rose by 16%. Even more impressive is its positive free cash flow, which saw a year-over-year (YOY) increase of 253%. When we consider all that, it’s not hard to see why Wall Street analysts remain highly bullish on SPLK stock.Stem Source: petrmalinak / ShutterstockAnother company that often gets overshadowed by its larger peers, Stem (NYSE:STEM) offers investors exposure to both the AI and clean energy markets.This perch at the intersection of these two growing sectors, combined with its low price point of less than $10, should make it an enticing play for investors who don’t mind a little risk. STEM stock has been on a winning streak this month, rising more than 26% and making it clear it doesn’t intend to slow down. Part of this is likely due to AI driven momentum. Stem’s Athena platform uses this new tech to maximize “energy asset performance and investments,” providing a valuable service. As I previously reported :“The rising costs of electricity are creating a highly favorable economic landscape for Stem. As more and more companies invest in clean energy solutions, programs like Athena will become necessary for management and efficiency purposes. Stem’s revenue has been rising steadily this year, but the company is poised to soar in the coming years as it plays a critical role in both the green and AI revolutions.”Symbotic Source: shutterstock.com/Allies InteractiveBased in Wilmington, Massachusetts, this warehouse automation innovator is also riding the robotics boom that Lango discussed. Symbotic (NASDAQ:SYM) has surged by an astonishing 275% YTD, proving just how powerful the demand for warehouse automation is. It produces both robots driven by AI and an automation platform for warehouses. It has partnered with retail powerhouses such as Walmart (NYSE:WMT) and Albertsons (NYSE:ACI). Other companies are likely to follow as demand for robotic solutions in warehouse and shipping facilities increases. This technology can allow companies to decrease their operating costs and increase shipping efficiency, making it a worthwhile investment.“Symbotic is also poised to benefit from higher spending by consumers on physical products, a phenomenon that I expect to begin occurring in earnest during the current quarter,” notes InvestorPlace contributor Larry Ramer.That’s just one of the reasons that Ramer considers SYM stock to be one of the best ways to gain AI exposure.Teradyne Source: Michael Vi / Shutterstock.comOne of the world’s largest robotic technology producers, Teradyne (NASDAQ:TER) designs and manufactures automatic test equipment but it also produces collaborative robots, designed to work alongside humans. The company has taken significant steps to expand its AI operations, acquiring both Universal Robots and Mobile Industrial Robots. These deals give it a sizable share of an already booming market that is likely to only increase as industry trends spur demand for the type of robotic solutions that Teradyne provides.Teradyne’s power lies in the fact that it both manufactures top-of-the-line equipment and creates robots designed to help automate away mundane tasks. Those are two areas in which demand isn’t fading, allowing it a clear pathway to growth. It has also partnered with companies in the automotive, defense and aerospace sectors, giving investors even more reason to bet on it. For these reasons, InvestorPlace contributor Faizan Farooque believes it has the potential to deliver “life-changing returns.”Wearable Devices Source: shutterstock.com/LDprodThis may seem like an unconventional choice for a list of the best AI stocks to buy. But pay attention.Wearable Devices is developing an AI-based “wearable neural interface” that could take it out of penny stock territory. Wearable Devices wants to put this device in the form of a wristband that can control technology with “subtle finger movements.”Earlier this year, the company received a $900,00 grant from the Israel Innovation Authority (IIA) to develop the neural interface, sending shares soaring. It has had an overall outstanding year, rising 215% YTD and still trading at less than $2 per share.If investors don’t mind some risk, WLDS could prove a highly profitable investment if it can get its flagship device to market. Its technology could prove to be the next big thing in AI, assuming it can keep developing it successfully.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192803868287168,"gmtCreate":1688100925253,"gmtModify":1688100928712,"author":{"id":"4096366466830930","authorId":"4096366466830930","name":"papajoe","avatar":"https://static.tigerbbs.com/c6fa797f49100b3ccd94e9815d4ef4c7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4096366466830930","idStr":"4096366466830930"},"themes":[],"htmlText":"Take note","listText":"Take note","text":"Take note","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192803868287168","repostId":"1197789139","repostType":2,"repost":{"id":"1197789139","pubTimestamp":1688083235,"share":"https://ttm.financial/m/news/1197789139?lang=&edition=fundamental","pubTime":"2023-06-30 08:00","market":"us","language":"en","title":"8 Top Growth Stocks to Watch for H2 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1197789139","media":"InvestorPlace","summary":"One primary consideration is Apple’s expected iPhone release, which is expected in the third quart","content":"<html><head></head><body><p>After a disappointing 2022, the first half of the year has been all you could ask for from growth stocks. There are many reasons to believe that the year’s second half will also be profitable.</p><p style=\"text-align: start;\">Remember where we came from. The <strong>Dow Jones Industrial Average</strong> was down more than 20% at times last year before finishing 2022 with a 9% loss, and that was one of the better performances of the miserable year. The <strong>S&amp;P 500</strong> finished 2022 down 20%, and the <strong>Nasdaq composite</strong> sank 34%. It wasn’t a growth stocks kind of year.</p><p style=\"text-align: start;\">All three are rebounding. The Dow’s been the most measured, up 2% on the year, while the S&amp;P 500 rose 12%, and the tech-heavy Nasdaq is up 27% in 2023.</p><p style=\"text-align: start;\">What does that tell us?</p><p style=\"text-align: start;\">The Nasdaq stocks had the furthest to gain because they dropped the most. But they still haven’t regained all their 2022 losses. The Nasdaq index is still down nearly 15% from where it was at the beginning of 2022. The Dow, which fell the least amount last year, is down 5.6%, and the S&amp;P 500 is off 8%.</p><p style=\"text-align: start;\">Growth stocks suffered the most in 2022 and now have the most to gain. And when you add to that the enthusiasm on Wall Street for artificial intelligence products, you have a recipe for outsized gains in the second half of 2023.</p><p style=\"text-align: start;\">The Portfolio Grader highlighted several intriguing growth stocks flashing buy signals.</p><h2 style=\"text-align: start;\">Microsoft (MSFT)</h2><p><strong>Microsoft</strong> (NASDAQ: <strong><u>MSFT</u></strong>) is the second-largest company in the world (spoiler alert: we’ll get to No. 1 later in this list), with a market capitalization of $2.5 trillion. It reached the $1 trillion market cap milestone in June 2019 and then added another $1.5 trillion.</p><p style=\"text-align: start;\">Only four companies worldwide have a market cap of $1.5 trillion, and Microsoft built that much value in just four years.</p><p style=\"text-align: start;\">It’s pretty impressive that you can consider a company this large and established as a growth stock, but Microsoft fits the bill.</p><p style=\"text-align: start;\">The stock is up nearly 40% this year as investors rallied around the company’s revolutionary in its Bing web browser thanks to generative AI powered by OpenAI’s ChatGPT.</p><p style=\"text-align: start;\">But I also like Microsoft for two other reasons that have nothing to do with AI. The company’s non-AI consumer and business offerings still have room to bounce, and when they do, it will push the MSFT stock higher.</p><p style=\"text-align: start;\">Also, earnings forecasts beyond FY2024 indicate Microsoft is expected to enjoy even higher levels of profitability as part of a multi-year growth resurgence.</p><p style=\"text-align: start;\">All in all, MSFT is an outstanding growth stock for the second half. It has “B” ratings in the Portfolio Grader for both earnings growth and sales growth.</p><h2 style=\"text-align: start;\">Apple (AAPL)</h2><p>I’m not going to make you wait for it. <strong>Apple</strong> (NASDAQ: <strong><u>AAPL</u></strong>), the largest company in the world by market capitalization at nearly $3 trillion, also makes our list of growth stocks to buy in the second half.</p><p style=\"text-align: start;\">Apple’s been on fire in 2023, up 44% and helping to push its market capitalization up 27% since Jan. 1.</p><p style=\"text-align: start;\">Why is that going to continue in the second half? One primary consideration is Apple’s expected iPhone release, which is expected in the third quarter.</p><p style=\"text-align: start;\">An estimated 250 million iPhones are at least four years old. And since the average iPhone sale comes to nearly $1,000, there’s a lot of revenue to be had in the second half of the year.</p><p style=\"text-align: start;\">Apple also uses AI to its advantage to improve its products. A new update will use AI to spellcheck your texts by considering the context of the words that you’re using. That will hopefully reduce annoying and sometimes embarrassing auto-correct mistakes and make people appreciate their iPhones even more.</p><p style=\"text-align: start;\">AAPL stock has “B” ratings for earnings growth and sales growth from the Portfolio Grader.</p><h2 style=\"text-align: start;\">Nvidia (NVDA)</h2><p>No list of growth stocks to buy in the second half of 2023 would be complete without <strong>Nvidia</strong> (NASDAQ: <strong><u>NVDA</u></strong>). The chip maker is seeing unprecedented demand for its top-line chips because they’re used to power many of the most significant AI advances.</p><p style=\"text-align: start;\">Like many other growth stocks, shares fell in 2022. A slump in graphics card sales pushed NVDA down by 50%. While the first quarter results showed signs of progress, the stock took off when Nvidia adjusted its guidance for Q2.</p><p style=\"text-align: start;\">It boosted its expected revenue from $7.2 billion to $11 billion, an increase of 64% from just a year ago. The growth was attributed to the demand for NVDA chips to power generative AI applications.</p><p style=\"text-align: start;\">Nvidia also announced a new partnership with <strong>Snowflake</strong> (NYSE: <strong><u>SNOW</u></strong>) to develop custom AI models and help Snowflake customers develop their own AI assistants.</p><p style=\"text-align: start;\">I think $11 billion in quarterly revenue will look like a comparatively small number for NVDA in the second half. NVDA has a “B” grade in the Portfolio Grader for earnings growth and an “A” rating for sales growth.</p><h2 style=\"text-align: start;\">Oracle (ORCL)</h2><p>Even an older computing company like <strong>Oracle</strong> (NYSE: <strong><u>ORCL</u></strong>) is entering the AI business. Oracle announced that it’s creating a generative AI cloud service tied to a partnership with a startup, <strong>Cohere</strong>, that uses Oracle’s cloud infrastructure.</p><p style=\"text-align: start;\">Moves like that bode well for Oracle’s continued success. ORCL stock is up 44% in 2023.</p><p style=\"text-align: start;\">The company already reported earnings for its fiscal fourth quarter, which ended May 31. Revenue was up 17% on a year-over-year basis, and cloud services and license support revenue was up 23%.</p><p style=\"text-align: start;\">Oracle’s moves to expand its cloud services are paying off for shareholders. Oracle spent $28 billion a year ago to buy the healthcare IT software company Cerner and bought cloud software company NetSuite in 2016.</p><p style=\"text-align: start;\">It shows that even a tech company pushing 50 years old can still innovate and be a growth stock. ORCL has “B” grades from the Portfolio Grader for both sales and earnings growth.</p><h2 style=\"text-align: start;\">Chipotle Mexican Grill (CMG)</h2><p><strong>Chipotle Mexican Grill</strong> (NYSE: <strong><u>CMG</u></strong>) is a different kind of fast food restaurant. Not only does it forgo burgers and fries in favor of burritos and rice bowls, but it’s also made a name for using only fresh ingredients.</p><p style=\"text-align: start;\">From a corporate structure point of view, it’s interesting that Chipotle rejects the franchise model that many fast-food chains use – the company owns all of its 3,200 restaurants in the U.S., Canada, the U.K., France and Germany.</p><p style=\"text-align: start;\">CMG stock is up 48% this year after a massive jump following its first-quarter earnings report. In that report, Chipotle had revenue of $2.4 billion, an improvement of 17% from a year ago. But the eye-popping number was net income, which was $291.6 million, an increase of 84% from the previous year. Earnings per share were $10.50.</p><p style=\"text-align: start;\">Chipotle announced plans to open another 255 to 285 restaurants by the end of the year. CMG stock has an “A” rating in the Portfolio Grader for earnings growth and a “B” rating for sales growth.</p><h2 style=\"text-align: start;\">PDD Holdings (PDD)</h2><p><strong>PDD Holdings</strong> (NASDAQ: <strong><u>PDD</u></strong>) is the corporate parent of Pinduoduo, a Chinese e-commerce company. Pinduoduo focuses on the agricultural industry, facilitating small-scale farmers’ sales of fruits and vegetables directly to consumers.</p><p style=\"text-align: start;\">Unlike other names on this list, PDD is in the red for the year’s first half. The stock is down 12% as it and other Chinese e-commerce stocks faltered while China began emerging from its Covid-19 lockdowns.</p><p style=\"text-align: start;\">But with a population of 1.4 billion, China’s e-commerce market is formidable, even when in a lull. It has a projected market value of $1.48 billion this year.</p><p style=\"text-align: start;\">And Pinduoduo will undoubtedly keep a large percentage of that market. The company generated $21 billion in revenue last year and a healthy net income of $5.4 billion.</p><p style=\"text-align: start;\">PDD is also expanding into Western markets. Its Temu app, which provides heavily discounted goods from China, is the most downloaded shopping app in the U.S., Germany, the U.K., France, Canada and Italy.</p><p style=\"text-align: start;\">PDD stock is heavily discounted now, but the second half of the year looks exceptionally promising. PDD has “A” ratings in the Portfolio Grader for both earnings growth and sales growth.</p><h2 style=\"text-align: start;\">Acushnet (GOLF)</h2><p><strong>Acushnet</strong> (NYSE: <strong><u>GOLF</u></strong>) designs, develops and distributes products for golfers. Its most recognizable brand is Titleist, which includes branded golf balls, clubs and other gear. Another brand, FootJoy, provides golf shoes, gloves and other apparel.</p><p style=\"text-align: start;\">The Massachusetts-based company was founded in 1932, so it has plenty of staying power. But what makes it a growth stock more than 90 years after it was founded?</p><p style=\"text-align: start;\">One significant catalyst has been in the news lately: a sudden and shocking agreement between the PGA Tour and Saudi-backed LIV Golf League to drop the lawsuits between the two organizations and announce a “newly formed commercial entity to unify golf.”</p><p style=\"text-align: start;\">This spring’s announcement sent GOLF stock up by 5% in a single day, as Jefferies analyst Randal Konik suggested that the agreement holds “immense potential to elevate the sport of golf to new heights.”</p><p style=\"text-align: start;\">Acushnet was already trending in the right direction. Earnings in the first quarter of $686.3 million were 13% better than a year ago and beat analysts’ expectations for $631.12 million. Earnings per share of $1.39 was 30 cents per share better than the Street expected.</p><p style=\"text-align: start;\">GOLF stock is up 26% in the year’s first half, with more to come. It has a “B” rating from the Portfolio Grader for earnings growth and an “A” rating for sales growth.</p><h2 style=\"text-align: start;\">Novartis (NVS)</h2><p>Swiss pharmaceutical company <strong>Novartis</strong> (NYSE: <strong><u>NVS</u></strong>) produces prescription drugs, generic medications and eye care products. It has a broad portfolio of drugs – only two (Entresto, a heart failure drug, and Cosentyx, a psoriasis treatment) account for 10% of the company’s annual revenue.</p><p style=\"text-align: start;\">The company’s been working to shed side businesses, such as divesting its eye care unit <strong>Alcon</strong> (NYSE: <strong><u>ALC</u></strong>), and plans to spin off its generic drug business Sandoz.</p><p style=\"text-align: start;\">One thing to keep a close eye on is Cosentyx. European Union regulators approved the drug to treat patients with moderate-to-severe hidradenitis suppurativa (HS), a progressive inflammatory skin condition.</p><p style=\"text-align: start;\">Previously, <strong>AbbVie’s</strong> (NYSE: <strong><u>ABBV</u></strong>) Humira was the only drug to treat HS, so there’s an opportunity for Novartis to capitalize on a new revenue stream.</p><p style=\"text-align: start;\">Revenue for the first quarter was $12.95 billion, with EPS of $1.71, both better than expectations of $12.6 billion and EPS of $1.54. NVS stock has a “B” rating in the Portfolio Grader for earnings growth and an “A” rating for sales growth.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>8 Top Growth Stocks to Watch for H2 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\n8 Top Growth Stocks to Watch for H2 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-30 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/market360/2023/06/7-top-growth-stocks-to-watch-for-h2-2023/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a disappointing 2022, the first half of the year has been all you could ask for from growth stocks. There are many reasons to believe that the year’s second half will also be profitable.Remember...</p>\n\n<a href=\"https://investorplace.com/market360/2023/06/7-top-growth-stocks-to-watch-for-h2-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","NVS":"诺华","AAPL":"苹果","ORCL":"甲骨文","GOLF":"高尔史密斯国际控股","CMG":"墨式烧烤","PDD":"拼多多","NVDA":"英伟达"},"source_url":"https://investorplace.com/market360/2023/06/7-top-growth-stocks-to-watch-for-h2-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197789139","content_text":"After a disappointing 2022, the first half of the year has been all you could ask for from growth stocks. There are many reasons to believe that the year’s second half will also be profitable.Remember where we came from. The Dow Jones Industrial Average was down more than 20% at times last year before finishing 2022 with a 9% loss, and that was one of the better performances of the miserable year. The S&P 500 finished 2022 down 20%, and the Nasdaq composite sank 34%. It wasn’t a growth stocks kind of year.All three are rebounding. The Dow’s been the most measured, up 2% on the year, while the S&P 500 rose 12%, and the tech-heavy Nasdaq is up 27% in 2023.What does that tell us?The Nasdaq stocks had the furthest to gain because they dropped the most. But they still haven’t regained all their 2022 losses. The Nasdaq index is still down nearly 15% from where it was at the beginning of 2022. The Dow, which fell the least amount last year, is down 5.6%, and the S&P 500 is off 8%.Growth stocks suffered the most in 2022 and now have the most to gain. And when you add to that the enthusiasm on Wall Street for artificial intelligence products, you have a recipe for outsized gains in the second half of 2023.The Portfolio Grader highlighted several intriguing growth stocks flashing buy signals.Microsoft (MSFT)Microsoft (NASDAQ: MSFT) is the second-largest company in the world (spoiler alert: we’ll get to No. 1 later in this list), with a market capitalization of $2.5 trillion. It reached the $1 trillion market cap milestone in June 2019 and then added another $1.5 trillion.Only four companies worldwide have a market cap of $1.5 trillion, and Microsoft built that much value in just four years.It’s pretty impressive that you can consider a company this large and established as a growth stock, but Microsoft fits the bill.The stock is up nearly 40% this year as investors rallied around the company’s revolutionary in its Bing web browser thanks to generative AI powered by OpenAI’s ChatGPT.But I also like Microsoft for two other reasons that have nothing to do with AI. The company’s non-AI consumer and business offerings still have room to bounce, and when they do, it will push the MSFT stock higher.Also, earnings forecasts beyond FY2024 indicate Microsoft is expected to enjoy even higher levels of profitability as part of a multi-year growth resurgence.All in all, MSFT is an outstanding growth stock for the second half. It has “B” ratings in the Portfolio Grader for both earnings growth and sales growth.Apple (AAPL)I’m not going to make you wait for it. Apple (NASDAQ: AAPL), the largest company in the world by market capitalization at nearly $3 trillion, also makes our list of growth stocks to buy in the second half.Apple’s been on fire in 2023, up 44% and helping to push its market capitalization up 27% since Jan. 1.Why is that going to continue in the second half? One primary consideration is Apple’s expected iPhone release, which is expected in the third quarter.An estimated 250 million iPhones are at least four years old. And since the average iPhone sale comes to nearly $1,000, there’s a lot of revenue to be had in the second half of the year.Apple also uses AI to its advantage to improve its products. A new update will use AI to spellcheck your texts by considering the context of the words that you’re using. That will hopefully reduce annoying and sometimes embarrassing auto-correct mistakes and make people appreciate their iPhones even more.AAPL stock has “B” ratings for earnings growth and sales growth from the Portfolio Grader.Nvidia (NVDA)No list of growth stocks to buy in the second half of 2023 would be complete without Nvidia (NASDAQ: NVDA). The chip maker is seeing unprecedented demand for its top-line chips because they’re used to power many of the most significant AI advances.Like many other growth stocks, shares fell in 2022. A slump in graphics card sales pushed NVDA down by 50%. While the first quarter results showed signs of progress, the stock took off when Nvidia adjusted its guidance for Q2.It boosted its expected revenue from $7.2 billion to $11 billion, an increase of 64% from just a year ago. The growth was attributed to the demand for NVDA chips to power generative AI applications.Nvidia also announced a new partnership with Snowflake (NYSE: SNOW) to develop custom AI models and help Snowflake customers develop their own AI assistants.I think $11 billion in quarterly revenue will look like a comparatively small number for NVDA in the second half. NVDA has a “B” grade in the Portfolio Grader for earnings growth and an “A” rating for sales growth.Oracle (ORCL)Even an older computing company like Oracle (NYSE: ORCL) is entering the AI business. Oracle announced that it’s creating a generative AI cloud service tied to a partnership with a startup, Cohere, that uses Oracle’s cloud infrastructure.Moves like that bode well for Oracle’s continued success. ORCL stock is up 44% in 2023.The company already reported earnings for its fiscal fourth quarter, which ended May 31. Revenue was up 17% on a year-over-year basis, and cloud services and license support revenue was up 23%.Oracle’s moves to expand its cloud services are paying off for shareholders. Oracle spent $28 billion a year ago to buy the healthcare IT software company Cerner and bought cloud software company NetSuite in 2016.It shows that even a tech company pushing 50 years old can still innovate and be a growth stock. ORCL has “B” grades from the Portfolio Grader for both sales and earnings growth.Chipotle Mexican Grill (CMG)Chipotle Mexican Grill (NYSE: CMG) is a different kind of fast food restaurant. Not only does it forgo burgers and fries in favor of burritos and rice bowls, but it’s also made a name for using only fresh ingredients.From a corporate structure point of view, it’s interesting that Chipotle rejects the franchise model that many fast-food chains use – the company owns all of its 3,200 restaurants in the U.S., Canada, the U.K., France and Germany.CMG stock is up 48% this year after a massive jump following its first-quarter earnings report. In that report, Chipotle had revenue of $2.4 billion, an improvement of 17% from a year ago. But the eye-popping number was net income, which was $291.6 million, an increase of 84% from the previous year. Earnings per share were $10.50.Chipotle announced plans to open another 255 to 285 restaurants by the end of the year. CMG stock has an “A” rating in the Portfolio Grader for earnings growth and a “B” rating for sales growth.PDD Holdings (PDD)PDD Holdings (NASDAQ: PDD) is the corporate parent of Pinduoduo, a Chinese e-commerce company. Pinduoduo focuses on the agricultural industry, facilitating small-scale farmers’ sales of fruits and vegetables directly to consumers.Unlike other names on this list, PDD is in the red for the year’s first half. The stock is down 12% as it and other Chinese e-commerce stocks faltered while China began emerging from its Covid-19 lockdowns.But with a population of 1.4 billion, China’s e-commerce market is formidable, even when in a lull. It has a projected market value of $1.48 billion this year.And Pinduoduo will undoubtedly keep a large percentage of that market. The company generated $21 billion in revenue last year and a healthy net income of $5.4 billion.PDD is also expanding into Western markets. Its Temu app, which provides heavily discounted goods from China, is the most downloaded shopping app in the U.S., Germany, the U.K., France, Canada and Italy.PDD stock is heavily discounted now, but the second half of the year looks exceptionally promising. PDD has “A” ratings in the Portfolio Grader for both earnings growth and sales growth.Acushnet (GOLF)Acushnet (NYSE: GOLF) designs, develops and distributes products for golfers. Its most recognizable brand is Titleist, which includes branded golf balls, clubs and other gear. Another brand, FootJoy, provides golf shoes, gloves and other apparel.The Massachusetts-based company was founded in 1932, so it has plenty of staying power. But what makes it a growth stock more than 90 years after it was founded?One significant catalyst has been in the news lately: a sudden and shocking agreement between the PGA Tour and Saudi-backed LIV Golf League to drop the lawsuits between the two organizations and announce a “newly formed commercial entity to unify golf.”This spring’s announcement sent GOLF stock up by 5% in a single day, as Jefferies analyst Randal Konik suggested that the agreement holds “immense potential to elevate the sport of golf to new heights.”Acushnet was already trending in the right direction. Earnings in the first quarter of $686.3 million were 13% better than a year ago and beat analysts’ expectations for $631.12 million. Earnings per share of $1.39 was 30 cents per share better than the Street expected.GOLF stock is up 26% in the year’s first half, with more to come. It has a “B” rating from the Portfolio Grader for earnings growth and an “A” rating for sales growth.Novartis (NVS)Swiss pharmaceutical company Novartis (NYSE: NVS) produces prescription drugs, generic medications and eye care products. It has a broad portfolio of drugs – only two (Entresto, a heart failure drug, and Cosentyx, a psoriasis treatment) account for 10% of the company’s annual revenue.The company’s been working to shed side businesses, such as divesting its eye care unit Alcon (NYSE: ALC), and plans to spin off its generic drug business Sandoz.One thing to keep a close eye on is Cosentyx. European Union regulators approved the drug to treat patients with moderate-to-severe hidradenitis suppurativa (HS), a progressive inflammatory skin condition.Previously, AbbVie’s (NYSE: ABBV) Humira was the only drug to treat HS, so there’s an opportunity for Novartis to capitalize on a new revenue stream.Revenue for the first quarter was $12.95 billion, with EPS of $1.71, both better than expectations of $12.6 billion and EPS of $1.54. NVS stock has a “B” rating in the Portfolio Grader for earnings growth and an “A” rating for sales growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979070714,"gmtCreate":1685361786739,"gmtModify":1685361791940,"author":{"id":"4096366466830930","authorId":"4096366466830930","name":"papajoe","avatar":"https://static.tigerbbs.com/c6fa797f49100b3ccd94e9815d4ef4c7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4096366466830930","idStr":"4096366466830930"},"themes":[],"htmlText":"Good read on Palantir","listText":"Good read on Palantir","text":"Good read on Palantir","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979070714","repostId":"2338450096","repostType":2,"repost":{"id":"2338450096","pubTimestamp":1685359934,"share":"https://ttm.financial/m/news/2338450096?lang=&edition=fundamental","pubTime":"2023-05-29 19:32","market":"us","language":"en","title":"Why Palantir's Latest AI Initiatives Make It a Screaming Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2338450096","media":"Motley Fool","summary":"Management says it has already seen \"unprecedented demand\" for its latest product.","content":"<html><head></head><body><p>In the world of artificial intelligence (AI), <strong>Palantir </strong>(PLTR 6.31%) has been a staple for a long time. The company built its platform from the ground up with AI in mind and created a successful offering for government and commercial customers alike. And it recently discussed a new AI initiative that has the potential to impact the business significantly.</p><p>Read on to find out about this new product development and why it makes the stock a screaming buy.</p><h2>Palantir is an AI-first platform</h2><p>Palantir primarily uploads mounds of data through its software, then creates actionable insights. For example, a 911 dispatcher could collaborate with a hospital using Palantir&#39;s software to determine where to route an ambulance.</p><p>By delivering up-to-date information in a clean dashboard, it facilitates the best possible decisions at a moment&#39;s notice. This same software has been used by various government agencies and the military for many purposes, giving Palantir a broad customer base.</p><p>And the company&#39;s latest product could be a game changer for existing and new clients.</p><p>Its artificial intelligence platform (AIP) is the company&#39;s large language model (LLM), allowing Palantir to deliver an interactive chatbot to its clients. This segment of AI is the same branch of technology used by products like OpenAI&#39;s ChatGPT, and with Palantir developing its in-house model, the demand for it has been astounding.</p><p>By creating an LLM that works with Palantir&#39;s data processing capabilities, users can determine the best action for a particular outcome. Returning to the hospital example, a specific incoming patient might need a particular operation, so the hospital manager could interact with the AIP to ask if a brain surgeon is available at a particular hospital.</p><p>Ryan Taylor, chief business affairs and legal officer, said during the first-quarter conference call, &#34;We&#39;re already seeing unprecedented demand for AIP, and we are reorganizing our efforts to aggressively capitalize on the interest.&#34;</p><p>Shyam Sankar, chief operating officer, discussed a major insurance company that deployed Palantir&#39;s AIP in a few days to automate claims processing. The ability to rapidly roll out this product to governments and commercial companies makes it a game changer.</p><p>With the stock trading at an attractive price, it looks like a strong buy.</p><h2>Palantir&#39;s profitability is steadily improving</h2><p>In the first quarter, Palantir squeaked out another net profit of $17 million from $525 million in revenue. While that&#39;s not an outstanding profit margin, it shows management&#39;s commitment to profitability, something few other young software companies can claim. And management gave guidance that it should achieve profitability on the basis of generally accepted accounting principles (GAAP) in every quarter this year, an upgrade from last quarter&#39;s guidance of a GAAP profit for the entire year.</p><p>Still, the price-to-earnings (P/E) ratio is useless because Palantir hasn&#39;t been profitable on a trailing-12-month basis. But if we use forward-looking earnings and its price-to-sales (P/S) ratio, we can determine if the stock looks like a buy here.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3117bcfbaf0e6ee21c582924e52236c0\" tg-width=\"720\" tg-height=\"463\"/></p><p>PLTR PE ratio (forward), data by YCharts.</p><p>At 55 times forward earnings, the stock looks a bit pricey. But it hasn&#39;t achieved its target profit margins, and this metric should come down each quarter if better guidance is continuously given. From a P/S standpoint, Palantir is a bit expensive at 13 times, especially when its 18% growth rate is compared with other software companies.</p><p>But with one of the few business-focused chatbot products available, Palantir could have a huge market in front of it. Couple that with its deep integration into government agencies, and it has a long runway ahead.</p><p>Because of that, I&#39;d say Palantir&#39;s stock looks like a great buy at these prices.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Palantir's Latest AI Initiatives Make It a Screaming Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\nWhy Palantir's Latest AI Initiatives Make It a Screaming Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-29 19:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/05/28/why-palantirs-latest-ai-initiatives-make-it-a-scre/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the world of artificial intelligence (AI), Palantir (PLTR 6.31%) has been a staple for a long time. The company built its platform from the ground up with AI in mind and created a successful ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/28/why-palantirs-latest-ai-initiatives-make-it-a-scre/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2023/05/28/why-palantirs-latest-ai-initiatives-make-it-a-scre/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2338450096","content_text":"In the world of artificial intelligence (AI), Palantir (PLTR 6.31%) has been a staple for a long time. The company built its platform from the ground up with AI in mind and created a successful offering for government and commercial customers alike. And it recently discussed a new AI initiative that has the potential to impact the business significantly.Read on to find out about this new product development and why it makes the stock a screaming buy.Palantir is an AI-first platformPalantir primarily uploads mounds of data through its software, then creates actionable insights. For example, a 911 dispatcher could collaborate with a hospital using Palantir's software to determine where to route an ambulance.By delivering up-to-date information in a clean dashboard, it facilitates the best possible decisions at a moment's notice. This same software has been used by various government agencies and the military for many purposes, giving Palantir a broad customer base.And the company's latest product could be a game changer for existing and new clients.Its artificial intelligence platform (AIP) is the company's large language model (LLM), allowing Palantir to deliver an interactive chatbot to its clients. This segment of AI is the same branch of technology used by products like OpenAI's ChatGPT, and with Palantir developing its in-house model, the demand for it has been astounding.By creating an LLM that works with Palantir's data processing capabilities, users can determine the best action for a particular outcome. Returning to the hospital example, a specific incoming patient might need a particular operation, so the hospital manager could interact with the AIP to ask if a brain surgeon is available at a particular hospital.Ryan Taylor, chief business affairs and legal officer, said during the first-quarter conference call, \"We're already seeing unprecedented demand for AIP, and we are reorganizing our efforts to aggressively capitalize on the interest.\"Shyam Sankar, chief operating officer, discussed a major insurance company that deployed Palantir's AIP in a few days to automate claims processing. The ability to rapidly roll out this product to governments and commercial companies makes it a game changer.With the stock trading at an attractive price, it looks like a strong buy.Palantir's profitability is steadily improvingIn the first quarter, Palantir squeaked out another net profit of $17 million from $525 million in revenue. While that's not an outstanding profit margin, it shows management's commitment to profitability, something few other young software companies can claim. And management gave guidance that it should achieve profitability on the basis of generally accepted accounting principles (GAAP) in every quarter this year, an upgrade from last quarter's guidance of a GAAP profit for the entire year.Still, the price-to-earnings (P/E) ratio is useless because Palantir hasn't been profitable on a trailing-12-month basis. But if we use forward-looking earnings and its price-to-sales (P/S) ratio, we can determine if the stock looks like a buy here.PLTR PE ratio (forward), data by YCharts.At 55 times forward earnings, the stock looks a bit pricey. But it hasn't achieved its target profit margins, and this metric should come down each quarter if better guidance is continuously given. From a P/S standpoint, Palantir is a bit expensive at 13 times, especially when its 18% growth rate is compared with other software companies.But with one of the few business-focused chatbot products available, Palantir could have a huge market in front of it. Couple that with its deep integration into government agencies, and it has a long runway ahead.Because of that, I'd say Palantir's stock looks like a great buy at these prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970286575,"gmtCreate":1684482253498,"gmtModify":1684482257530,"author":{"id":"4096366466830930","authorId":"4096366466830930","name":"papajoe","avatar":"https://static.tigerbbs.com/c6fa797f49100b3ccd94e9815d4ef4c7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4096366466830930","idStr":"4096366466830930"},"themes":[],"htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970286575","repostId":"2336931090","repostType":2,"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}