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?(22 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.

Report

Comment(74οΌ‰

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

    I believe it will be 2023 best sector

    Reply
    Report
    Fold Replies
    • koolgal:Β 
      Thanks for sharing your insights
      2023-09-12
      Reply
      Report
    • koolgal:Β 
      Yes you are right 😍😍😍
      2023-09-12
      Reply
      Report
  • Le340
    Β·2023-09-10
    Great ariticle, would you like to share it?
    Reply
    Report
    Fold Replies
    • koolgalReplying toControverse:Β 
      Thanks for sharing your valuable insights 😍😍😍
      2023-09-10
      Reply
      Report
    • 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
      Reply
      Report
    • koolgal:Β 
      Happy Sunday πŸ˜πŸ˜πŸ˜πŸ–οΈπŸ–οΈπŸ–οΈ
      2023-09-10
      Reply
      Report
    View more 1 comments
  • Charging Miao
    Β·2023-09-11

    Great ariticle, would you like to share it?

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

    Great article you want to share it 

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