Here are some factors to consider when choosing the right AI stock for investment:
The company's technology: What kind of AI technology does the company develop? How advanced is it? Is it proprietary or does it rely on open-source software?
The company's market: What industries is the company targeting? How big is the market opportunity? Is the company well-positioned to capture a share of the market?
The company's management team: Does the management team have experience in the AI industry? Are they qualified to lead the company through its growth stage?
The company's financials: Is the company profitable? Is it generating positive cash flow? Is it well-capitalized to fund its growth?
The company's valuation: Is the stock trading at a reasonable valuation? Is it overvalued or undervalued?
here are my favs top 5 AI stocks:
1.Microsoft (MSFT): Microsoft is another major player in the AI space, with its Azure cloud platform being a popular choice for AI applications.
2.Amazon (AMZN): Amazon is investing heavily in AI, particularly in the areas of machine learning and natural language processing.
3.Alphabet (GOOG): Alphabet is the parent company of Google, which is a leader in AI research and development.
4.C3.ai (AI): C3.ai is a relatively new company that provides AI solutions to businesses. It has seen rapid growth in recent years, and its stock price has been volatile.
4. NVIDIA (NVDA): NVIDIA is a semiconductor company that manufactures chips for AI applications. The company's chips are used in self-driving cars, robots, and other AI-powered devices.
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Amazon expected to report 58c in late October but data points to a range of between 80c to a dollar. At this rate, 2024 EPS could hit $5 or more. At a 50 PE, we are looking at about $250 same time next year!
Amazon.com shares have been on the rise recently, and according to Morgan Stanley analyst Brian Nowak, there could be further room for this rally to continue.
As much as I order from Amazon, I don’t know if I’m making them rich or vice versa. I get deliveries about 6 days a week
Sell a portion of AMZN and buy AMC stock today! Amazon should consider a position. Over 950 theaters!!
I am very bullish on Amazon but likely it will be red this and all next week.
Amazon could buy Teledoc health. TDOC. Smart move if so