Stocks & Investing
Stocks and Investing
Stocks and Investing
Wed, November 27, 2024
[ 12:00 PM ] - United States, Thomas Matters
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Nvidia Aside: Top 5 AI Stocks to Buy in 2024 and Why
- Thankfully, there are plenty of AI stocks you can choose from. Although current returns are not as high as NVDA's, their potential to increase in the long run is enticing. AI is poised to transform investing behaviors and business processes worldwide.
The article from Investing.com discusses the top five AI stocks to consider for investment in 2024, excluding Nvidia. Microsoft is highlighted for its significant AI integration through Azure and its partnership with OpenAI, enhancing its productivity tools and cloud services. Alphabet (Google) is noted for its AI advancements in search, advertising, and autonomous driving technology via Waymo, alongside its AI research through DeepMind. Amazon leverages AI in its AWS cloud services, Alexa, and its logistics, with a focus on expanding AI capabilities. C3.ai is recognized for its enterprise AI applications, particularly in predictive maintenance and fraud detection, with a business model shift to consumption-based pricing. Lastly, Palantir Technologies is praised for its AI-driven data analytics platforms, which are gaining traction in both government and commercial sectors, especially with its new AI platform, AIP. Each company is evaluated based on their AI strategy, market position, and potential for growth in the AI sector.
Read the Full Investing Article at [ https://www.investing.com/analysis/nvidia-aside-top-5-ai-stocks-to-buy-in-2024-and-why-200654623 ]
Read the Full Investing Article at [ https://www.investing.com/analysis/nvidia-aside-top-5-ai-stocks-to-buy-in-2024-and-why-200654623 ]
