What is the most promising AI stock to buy?
The Motley Fool has positions in and recommends Datadog, Microsoft, Nvidia, Snowflake, and Upstart. The Motley Fool recommends Fair Isaac and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft.
| Ticker | Company | Performance (Year) |
|---|---|---|
| AVAV | AeroVironment Inc. | 75.16% |
| SOUN | SoundHound AI Inc | 62.57% |
| HLX | Helix Energy Solutions Group Inc | 56.58% |
| ISRG | Intuitive Surgical Inc | 22.70% |
| Company (TICKER) | 1-Year Return |
|---|---|
| Palo Alto Networks, Inc. (PANW) | 45% |
| ServiceNow, Inc. (NOW) | 37% |
| Advanced Micro Devices, Inc. (AMD) | 30% |
| UiPath, Inc. (PATH) | 19% |
Microsoft. Microsoft, a leader in AI technology, leverages AI-powered tools and machine-learning models to enhance productivity and efficiency across industries.
The AI sector grew in 2021, but the industry needed capital and resources from established tech companies to develop products and services. The five tech companies that have invested the most in AI startups in 2023 are Amazon, Google, Microsoft, NVIDIA, and Salesforce.
Elon Musk's artificial intelligence company, xAI, has raised $6 billion and made big advances over the last 12 months.
44% of Warren Buffett's $366 Billion Portfolio Is Invested in 3 Widely Owned Artificial Intelligence (AI) Stocks.
Because it sells the building blocks for AI infrastructure, Nvidia became the first major company to see a significant boost from AI. Revenue has surged through 2023 and early 2024, and the stock has soared as well. Its chips are popular for demanding workloads that applications like large language models require.
- NASDAQ: MINM — Minim Inc — The AI WiFi Penny Stock.
- NASDAQ: MLGO — MicroAlgo Inc — The Micro-Consciousness Quantum Research Penny Stock.
- NASDAQ: WLDS — Wearable Devices Ltd — The Extended Reality Penny Stock.
- NASDAQ: AISP — Airship AI Holdings Inc — The 10.45 AM Rule AI Penny Stock.
- Canaan Inc.( CAN) $ 1.07 4.90% ...
- SoundHound AI, Inc.( SOUN) $ 6.20 39.95% ...
- Lantern Pharma(LTRN) $ 4.42 -17.69% Past 1M. ...
- Rekor Systems(REKR) $ 1.94 32.88% Past 1M. ...
- Gaxos.ai Inc.( GXAI) $ 2.33 -36.25% ...
- Himax Technologies, Inc.( HIMX) $ 8.21 24.39% ...
- Evolv Technologies Holdings, Inc.( EVLV)
Who is the biggest player in AI?
- Apple.
- Microsoft.
- Alphabet.
- NVIDIA.
- Meta Platforms (Facebook)
- Tesla.
- Adobe.
- IBM.
- Micron Technology. The booming adoption of AI is creating the need for more computing power, while also driving an increase in cloud storage demand. ...
- SoundHound AI.
What are the best AI stocks to buy now? Some of the best AI stocks that you can buy with less than $5 are Nerdy (NRDY), BigBear.ai Holdings (BBAI) and FiscalNote (NOTE). These stocks are poised to see considerable growth in the future.
Bullish Analysts Back Nvidia
Overall, analysts continue to remain bullish about Nvidia stock, even as they've struggled to keep up with price-target hikes post-stock split. The consensus rating is a "Strong Buy,” with a mean target price of $139.41, indicating an upside potential of about 16.7% to current prices.
- OpenAI.
- Google.
- IBM.
- Microsoft.
- NVIDIA.
- Amazon.
- Anthropic.
- Anduril.
| Best for | |
|---|---|
| Claude | More human responses |
| Google Gemini | Google integrations |
| Zapier Central | Workflow automation |
| Microsoft Copilot | An integrated experience |
Dr Andrew Ng is a world-renowned computer scientist and entrepreneur leading the charge in the ethical advancement of AI systems. Ng has authored or co-authored over 200 research papers in machine learning, robotics, and related fields.
Nvidia has been one of the best performing stocks in the entire market in recent years, and it's largely due to the company's AI exposure. CEO Jensen Huang recently announced Nvidia will begin designing and rolling out new AI chips on an annual basis rather than the two-year chip refresh cycles it has used in the past.
Palantir Stock Bucks Analyst Ratings
Also, PLTR stock has advanced 66% in 2024. The out-performance of Palantir has bucked Wall Street analyst ratings. Out of 11 analyst ratings on Factset, three are buy, three are hold and five are sell. At Wedbush, analyst Daniel Ives holds a buy rating.
| Company (Ticker) | Forward P/E Ratio |
|---|---|
| Alphabet, Inc. (GOOG, GOOGL) | 13.2 |
| Intuitive Surgical, Inc. (ISRG) | 52.2 |
| Tapestry, Inc. (TPR) | 12.3 |
| TopBuild Corp. (BLD) | 18.2 |
Will xAI be publicly traded?
Is xAI publicly traded? xAI remains a privately held company and cannot be accessed on major public exchanges such as NASDAQ or NYSE. Accredited investors can invest in the top private companies like xAI before they IPO via secondary marketplaces such as Hiive.
As a privately held company, OpenAI has no public stock price. To access current and historical pricing information on OpenAI stock, you can review filings from the company's past primary funding rounds, fund marks, and information from secondary trading data providers.
Because SpaceX isn't publicly traded, investors can't buy shares through their brokerage accounts. However, some investors can still buy shares through other platforms that offer secondary trading of pre-IPO companies. For example, Rainmaker Securities is a platform that makes private securities transactions possible.
- AI Stock #1: Apple. Cupertino-based Apple Inc. ...
- AI Stock #2: Advanced Micro Devices. Commanding a hefty market cap of about $257 billion, Santa Clara-based Advanced Micro Devices, Inc. ...
- AI Stock #3: Intel Corporation.
| Company | % of Portfolio | Value (As of 05-23-2024) |
|---|---|---|
| 🇺🇸 Coca-Cola | 6.7 | $25.2B |
| 🇺🇸 Chevron | 5.3 | $20.0B |
| 🇺🇸 Occidental Petroleum | 4.2 | $15.7B |
| 🇺🇸 Kraft Heinz | 3.1 | $11.7B |
