Pavan 12th Dec 2023
Top AI Stocks: Artificial Intelligence (AI) isn’t just a fancy idea anymore, it’s a rapidly growing reality after recent developments by Google and Microsoft, changing how businesses work worldwide. In 2024, AI is set to grow a lot in the form of smart chips, software, Virtual reality and more, catching the attention of smart investors. Let’s look at some top AI stocks that could do well in 2024 and beyond.
NVIDIA is Currently Trading at $466.27 and is known for making computer parts that are great for AI and high performance. Their parts are used in machines that learn and make decisions by themselves. Because of this, NVIDIA is a big player in AI technology. They’re also good at inventing new AI-focused computer chips, which makes them a strong choice for the growing demand for AI and generates more revenue for them.
Alphabet also known as Google’s Stock Price was $133.29 a piece, the company that owns Google, is a leader in AI research. Google uses smart programs in many services, like Google Search and talking to computers. Another part of Alphabet, called DeepMind, is also doing amazing things in AI research. Alphabet has lots of different things it does, making it a big deal in the AI world. Recent developments in Gemini and Bard can trigger great innovations and development in the AI sector which can transfer how we think about smartphones and smart devices by Google.
Microsoft’s Stock Price was $133.29 a piece, and the cloud service, Azure, is important for AI. They spend a lot on making new AI things and buying other companies. With their AI-powered products like Azure Cognitive Services, Microsoft is ready for AI to be used more in different businesses. Also, Recent development in the OpenAi and ChatGPT projects are taking over like anything also known that Mincrosoft’s Bing is now powered by the ChatGPT AI tool so more progress are going there in AI.
Tesla’s Stock Price was $239.74, they don’t just make electric cars—they’re also great at AI. Their cars can drive themselves because of AI. As more cars become electric and drive, Tesla’s AI skills will help them grow even more. We never underestimate Elon Musk and his duty towards AI development and Tesla will be shining in the coming days with advanced AI Tech.
Salesforce’s Stock Price was $252.15 and they help companies manage their customers. They’re using AI to make their tools even smarter. This helps companies make better choices using their data. Big Data with advanced AI for its analysis makes a difference in the market.
Twilio’s Stock Price was $71.16 and they help companies communicate using the internet. They’re using AI to make their services better. As AI becomes more important in our online talk, Twilio is getting ready for more growth.
IBM’s Stock Price was &163.51 and has been around for a long time and they’re still into AI. They use AI in lots of different areas like healthcare and money. They keep investing in AI, making them a good choice for people who want to invest in AI. They are basically game-changing when it comes to implementing AI in our new generation.
We are working on another 3 Top AI Stocks, 5 Stocks based on AI Automotive and we will be updating this post in future. Till then learn about Options trading, Gann Theory, PCR Scanner, Gann Calculator and more in our learning sections of this website
Top AI Stocks: AI is growing fast, and these companies are just some of the options for investors. As more businesses use AI, the need for AI-related stuff will go up. But investing always has risks, so it’s important to research and think about how much risk you’re comfortable with.
In the future, companies that do well in AI will likely grow a lot. To make the most of AI’s power, it’s smart to spread out investments and think long-term, especially when markets change.