Will AI Stocks Continue The Rally?

🌟🌟🌟Many stocks operating in the Artificial Intelligence Space have had a remarkable run in 2023.  This is due to the increasing adoption of AI and optimism of its future growth. 

ChatGPT backer $Microsoft(MSFT)$ 

Is up 39% year to date

$Alphabet(GOOGL)$ 

Is up 53% year todate.  Its Generative AI platform competes with ChatGPT.

The Best performing AI stock is $NVIDIA Corp(NVDA)$ 

which is up 218% due to the high demand of its specialised chips used for AI machine learning.

$C3.ai, Inc.(AI)$ 

Is up 153% year todate

and $Palantir Technologies Inc.(PLTR)$ 

Is up 136% year to date.

Palantir builds software that empowers organisation to create and use AI across public and private networks.    It expects to remain profitable on both quarterly and annual basis in 2023 and hopes  to be included in the S&P500 Index after its financial results in Q3 2023 in November.

C3ai shares has recently tumbled 16% this week after its CEO Thomas Siebel said that it no longer expects to achieve quarterly profitability by the end of the year.  Instead C3ai is opting to invest in its Generative AI solutions.

The Rally in AI Stocks this year is a bet on the future growth in AI.  AI is here to stay and will transform our daily lives like never before.  So while I am short term bearish due to the current macro economic headwinds of slowing global economic growth, high inflation, I am Bullish on AI Stocks in the long term.    Patience and Time are required to allow these companies to realise their full potential in the future. 

@Daily_Discussion  @TigerStars  @CaptainTiger  @MillionaireTiger  @Tiger_Earnings  @Tiger_comments  @Trend_Radar  

# πŸ’° Stocks to watch today?(4 Nov)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • LohYK
    Β·2023-09-10
    TOP
    just like the EV craze 2 yrs back, there will likely be a readiness check before the industries fully embrace the AI power in the coming years
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    • koolgal:Β 
      Have a wonderful Sunday evening πŸ˜πŸ˜πŸ˜πŸŒƒπŸŒƒπŸŒƒ
      2023-09-10
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    • koolgal:Β 
      Thanks for sharing your insights 😍😍😍
      2023-09-10
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  • Taurus Pink
    Β·2023-09-10
    TOP
    [ζš—δΈ­θ§‚ε―Ÿ] [ζš—δΈ­θ§‚ε―Ÿ] [ζš—δΈ­θ§‚ε―Ÿ]
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    • koolgal:Β 
      Happy Sunday πŸŒˆπŸŒˆπŸŒˆπŸ–οΈπŸ–οΈπŸ–οΈ
      2023-09-10
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    • koolgal:Β 
      Thanks my friend 😍😍😍
      2023-09-10
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  • BenjiFuji
    Β·2023-09-11
    TOP
    Nice write up. Do you look at particular AI stock or AI as a whole? Thanks [Great]
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    • BenjiFuji:Β 
      Thanks! You too [Great]
      2023-09-11
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    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€πŸŒˆπŸŒˆπŸŒˆ
      2023-09-11
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    • koolgal:Β 
      Have a wonderful week ahead.
      2023-09-11
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  • ZEROHERO
    Β·2023-09-10
    TOP
    Ok, shall trade some of them this coming week after CPI data πŸ˜‰
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    • koolgal:Β 
      Have a wonderful Sunday πŸ–οΈπŸ–οΈπŸ–οΈπŸŒˆπŸŒˆπŸŒˆ
      2023-09-10
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    • koolgal:Β 
      Best of luckπŸ˜πŸ˜πŸ˜πŸ€πŸ€πŸ€
      2023-09-10
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  • neo26000
    Β·2023-09-11
    TOP
    For once, I concur with you. I am bullish on AI stocks too [Cool]
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    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€πŸŒˆπŸŒˆπŸŒˆ
      2023-09-11
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    • koolgal:Β 
      Thanks for sharing your insights 😍😍😍
      2023-09-11
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  • Bodoh
    Β·2023-09-10
    TOP
    When reality catches up, miracles pop
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    • koolgal:Β 
      Thanks for sharing your insights 😍😍😍
      2023-09-10
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  • hellodarz888
    Β·2023-09-11
    TOP
    meta coming back in the news again
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    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€πŸŒˆπŸŒˆπŸŒˆ
      2023-09-11
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    • koolgal:Β 
      Thanks for sharing your insights
      2023-09-11
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    • koolgal:Β 
      Yes you are absolutely right 😍😍😍
      2023-09-11
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  • henglaw
    Β·2023-09-11
    TOP
    Can’t go wrong with FAANG. 😊
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    • koolgal:Β 
      Thanks for sharing your insights
      2023-09-11
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    • koolgal:Β 
      You are absolutely right 😍😍😍
      2023-09-11
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  • lil jer
    Β·2023-09-11
    TOP

    I believe it will be 2023 best sector

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    • koolgal:Β 
      Thanks for sharing your insights
      2023-09-12
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    • koolgal:Β 
      Yes you are right 😍😍😍
      2023-09-12
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  • Le340
    Β·2023-09-10
    Great ariticle, would you like to share it?
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    • koolgalReplying toControverse:Β 
      Thanks for sharing your valuable insights 😍😍😍
      2023-09-10
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    • Controverse:Β 
      What I noticed is that the shareprices in the US heading in a much faster pace, a not realistic pace then the true value of the companies.Trillions of dollars lending which never can be paid back. Personal I believe companies will lower their guidances in october.Market crash will be evident then!
      2023-09-10
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    • koolgal:Β 
      Happy Sunday πŸ˜πŸ˜πŸ˜πŸ–οΈπŸ–οΈπŸ–οΈ
      2023-09-10
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  • Charging Miao
    Β·2023-09-11

    Great ariticle, would you like to share it?

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    • koolgal:Β 
      Thanks
      2023-09-12
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  • Peacefulsoul72
    Β·2023-09-11
    Great ariticle, would you like to share it?
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    • koolgal:Β 
      Thanks
      2023-09-12
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  • CMLeong
    Β·2023-09-11
    θ¬θ¬δ½ ηš„εˆ†δΊ«
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    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
      2023-09-11
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    • koolgal:Β 
      May you have a winning week ahead πŸ€πŸ€πŸ€πŸŒˆπŸŒˆπŸŒˆ
      2023-09-11
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    • koolgal:Β 
      My pleasure
      2023-09-11
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  • Alas1209
    Β·2023-09-10

    Great article you want to share it 

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    • koolgal:Β 
      Thanks
      2023-09-10
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  • icycrystal
    Β·2023-09-12
    thanks for sharing
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    • koolgal:Β 
      My pleasure 😍😍😍
      2023-09-12
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  • Bodoh
    Β·2023-09-10
    Great for shorting
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    • koolgal:Β 
      Yes indeed 😍😍😍
      2023-09-10
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  • wendytan
    Β·2023-09-12
    s
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    • koolgal:Β 
      S for Sure?
      2023-09-12
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  • Tangan
    Β·2023-09-11
    Thanks
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    • koolgal:Β 
      My pleasure 😍😍😍
      2023-09-11
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  • KSR
    Β·2023-09-11
    πŸ‘
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    • koolgal:Β 
      Thanks
      2023-09-11
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  • zuma
    Β·2023-09-11
    thx
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    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
      2023-09-11
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    • koolgal:Β 
      Have a wonderful week ahead πŸ€πŸ€πŸ€πŸŒˆπŸŒˆπŸŒˆ
      2023-09-11
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    • koolgal:Β 
      My pleasure 😍😍😍
      2023-09-11
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