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Best AI Stocks To Invest In Right Now? 2 To Know

Do you have these top ai stocks on your watchlist right now?

Artificial Intelligence (AI) is a rapidly growing field that involves the development of computer systems that can perform tasks that would typically require human intelligence, such as recognizing speech, understanding natural language, and making decisions. AI has the potential to transform a wide range of industries, including healthcare, finance, and transportation, and is expected to play a key role in driving innovation and growth in the coming years.

Next, investing in artificial intelligence (AI) stocks can provide investors with exposure to the AI industry and the potential for growth in this sector. AI stocks encompass a wide range of companies involved in the development, production, and application of AI technologies. These companies can benefit from the increasing demand for AI solutions, as well as from advancements in AI technology.

To summarize, investing in AI stocks can offer investors the chance to partake in the expansion of the AI sector. Although investing in individual AI stocks involves a degree of risk, a diversified portfolio of AI stocks can potentially yield attractive returns in the long run. Investors should carefully consider the risks and opportunities associated with investing in AI stocks. With this in mind, here are two ai stocks to check out in the stock market today.

AI Stocks To Buy [Or Avoid] Today

Nvidia (NVDA Stock)

Starting off, Nvidia Corporation (NVDA) is a leading provider of graphics processing units (GPUs) used in gaming, artificial intelligence, and data center applications. Its recent growth has been driven by increased demand for AI applications such as autonomous vehicles and cloud computing.

On Wednesday afternoon, Nividia reported its 4th quarter 2023 financial results. The company’s earnings per share came in at $0.88, beating the consensus estimate of $0.81. However, the revenue for the quarter was $6.1 billion, a 20.8% decrease compared to the same quarter the previous year. Looking forward, Nvidia said it estimates first-quarter revenue to be between $6.37 billion and $6.63 billion.

Following the news release, shares of NVDA stock jumped on Wednesday after-hours trading by 18.42% at $225.96 a share.

Source: TD Ameritrade TOS

[Read More] REIT Stocks To Buy Now? 2 To Know

Microsoft (MSFT Stock)

Next, Microsoft Corporation (MSFT) is a technology giant that provides a wide range of software and hardware products and services. This includes Microsoft Office and the Azure cloud platform. Microsoft has been investing heavily in AI and has developed several AI-powered products such as the Cortana virtual assistant and Azure AI services.

On Tuesday this week, Microsoft and Nvidia announced a 10-year partnership to bring Xbox PC games to the Nvidia GeForce NOW cloud gaming service. This partnership will allow gamers to stream Xbox PC titles to a variety of devices, including PCs, macOS, Chromebooks, smartphones, and more. Additionally, the partnership will enable Activision Blizzard PC titles to be streamed on GeForce NOW following Microsoft’s acquisition of Activision.

On Wednesday, shares of MSFT stock closed the day down slightly by 0.46%, at $251.51 per share.

Source: TD Ameritrade TOS

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By Joe Samuel

Joe Samuel is a dedicated stock market researcher and financial contributor. His love for the stock market started at a young age learning from his grandfather. Joe earned a bachelor of science degree in corporate finance and business management. After finishing college, he went the route of an entrepreneur starting numerous businesses and eventually became a financial contributor to a number of outlets including Seeking Alpha, Invesitng.com, and actively contributes to FactSet. At StockMarket.com, Joe looks for emerging stories. One of his traits is identifying new trends before they become mainstream. Whether it’s a biopharmaceutical company debuting a novel treatment or the next technology start-up developing a new platform, Joe looks to be on the cutting edge of that trend.

After years of living in New York, he made the move to Miami, Florida where he’s become an active member of the finance community. Joe has worked with early-stage companies in marketing and consulting capacities, which has given him an opportunity to see what makes companies tick. His viewpoint is that while corporate news is vital to any investment, it’s what isn’t “right in front of you” that can make a good investment great. His approach to the markets is one that aims to deliver information that might not be well-known. But through deep research and diligence, Joe has written about and been able to uncover time-sensitive information when seconds matter in the stock market today.

Joe enjoys covering several stock market sectors. These include commodities, finance, biotechnology, and technology; specifically AI & machine learning. His no-nonsense approach to the market gives readers a cut and dry view of the news that matters most and topics beginning to emerge as new trends in the stock market. He was early to the table with calls on things like the last gold rush in 2019 and has been able to identify influential events and how they could impact certain industries.

During his free time, he enjoys spending time with his family and polishing up one new stock market trends. He’s also an avid car enthusiast with a passion for classic and muscle cars.

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