Top 5 Best Artificial Intelligence Stocks For 2024-TAKSH

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Artificial Intelligence Stocks In this era where human are creating some extraordinary thing which make our life very easier then ever. If any one of the student or any professionals would have to make any notes or any types or presentation they will make it in a minute or so just because of Artificial Intelligence.

Where some ordinary people want to make their life easier with Artificial Intelligence tools but where there are some people who want to capitalize their money is this future world of Artificial Intelligence. Yes my friend this is the future, where your most of the works are done by Artificial Intelligence tools.

So we are going to discuss about Artificial Intelligence Stocks where you can easily invest in an Artificial Intelligence Stocks make make your money fly like a rocket. yes the Artificial Intelligence world is running like a rocket, so in this article we are going to discuss about 5 Best Artificial Intelligence Stocks For 2024

Table of Contents

Artificial Intelligence Stocks:

As we know some of the company are flying high on the sky and that market was boomed after chat gpt where you can do anything just for typing some words or some command, yes you can write a letter, you can make a presentation,you can research some thing for your office for your schools or collage. When people were realizing that that was the future after that Artificial Intelligence Stocks makes turn around. Lots of people are asking for invest Artificial Intelligence Stocks

5 Best Artificial Intelligence Stocks:

Microsoft (MSFT):

After the announcement of $1 billion to open AI from the investors, the big bulls realized that this is the future where investors are trying to invest. The Microsoft is doing the same thing, firstly Microsoft was trying to chat with the open AI company that chat gpt was work for the Microsoft but it didn’t happen. shortly thereafter in September 2023 Microsoft announced there AI product with work for being.com the name of that product is copilot. That was the product which used like chat gpt.

Overview of Microsoft

Market capitalization: $2.73 trillion
Stock price: $420.55
Analyst price target: $450.93
Last 12 months’ EPS: $11.06
Dividend yield : 0.67%
last 1 year return 61.26%
last 5 year return :33.15%
52 week high : $420.82
52 week low : $245.61

This is the giant of them all the tech stock. This is the company where some generation where have to invest in this company. CFO Amy Hood has said the company’s AI products plus its partnership with OpenAI will deliver $10 billion in revenue.

Nvidia (NVDA):

This company is the worlds largest fabless chip designer. But they were not made the chips by themselves they are rely on the 3rd party manufacturer where the made the chips for that company. There chip are used by gaming consoles, autonomous and traditional vehicles.

This is the company where investors love to invest. Nvidia has given more then 40% returns to their investors for the past 15 years. The 2022 is not gone good for that company but the 2023 were very for them the stock is up 226% by 2023.

The main reason for that for the making of an AI product the chip of the graphic which were used to make an AI look very good is made by NVIDIA that’s why all the investors want to invest in this company. This company Nvidia supplies 95% of graphics processing units (GPUs) used in machine learning apps or to make an AI product.

Overview of Nvidia:

Market capitalization: $1.78 trillion
Stock price: $721.33
Analyst price target: $912.38
Last 12 months’ EPS: $7.59
Dividend yield : 0.02%
Last 1 year return: 239.36%%
last 5 year return : 81.25%
52 week high: $721.85.
52 week low: $204.21

Taiwan Semiconductor (TSM):

As the name of that company suggest that Taiwan semiconductor is the company who make semiconductor for many international brands. The future is the semiconductor, yes my friend all the tech which are used by us in recent time on that semiconductor make a huge role in that.

This company make semiconductor for Microsoft, NVIDIA and some other manufacturer who are the giant of that industry.In 2021 research says that AI was contributing $5-$8 billion to a semiconductor companies which goes $85 t8 $95 billion annually in nest 3-4 years.

Overview of Taiwan Semiconductor (TSM):

Market capitalization: $690.36 billion
Stock price: $133.11
Analyst price target: $156.67
Last 12 months’ EPS: $5.35
dividend yield: 1.36%
Last 1 year return: 41.70%
Last 5 year return : 30.95%
52 week high: $135.77
52 week low : $130.59

Alphabet (GOOGL):

As like Microsoft a giant company in their field the GOOGLE is the biggest rival of all time. If any company who trouble the business of Microsoft is none other then GOOGLE. As we know we are living in 22 century and this is the century of vision where men made machine who run the man like machine.

As we all know the power of AI is simply outstanding. After the launch if Microsoft’s copilot the rival company of Microsoft, google launched its parenting company alphabet. Alphabet makes money by selling advertising, taking commissions from app sales in Google Play Store and offering software infrastructure and development tools via Google Cloud.

To make an ad placement of any thing who work in google the alphabet’s AI made tremendous work to deploying more advanced in search result.The goal is simply clear that more user come again and again and make more engaging.

Overview of Alphabet (GOOGL):

Market capitalization: $1.88 trillion
Stock price: $149
Analyst price target: $165.53
Last 12 months’ EPS: $5.84
Last 1 year return: 57.56%
Last 5 year return: 22.02%
52 week high : $153.78
52 week low : $88.58

Amazon (AMZN):

Amazon (AMZN) is the biggest e-commerce retailer in the world. This company has lots of emotion to every individual.As we all are knew that amazon’s Amazon Web Service or known as AWS is the direct exposure of AI. In this AI world amazone make money from cloud services.Customers use cloud services to build, deploy and host enterprise applications, including AI apps.

In cloud computing amazon’s market share is 32% that a huge no in terms of percentage, and that too a huge market to invest. That’s why the bi giant e-Commerce company made invest of $100 million to support its customers’ generative AI development in 2023

Overview of Amazon (AMZN):

Market capitalization: $1.81 trillion
Stock price: $174.45
Analyst price target: $198.88
Last 12 months’ EPS: $2.90
Last 1 year return: 78.72%
Last 5 year return: 17.02%
52 week high : $175
52 week low : $88.12

Best performing ai stocks 2024

As we all know all the above stock which are discuses in the upper sanction of that article that all are the future of them all. And to decide one stock its quite difficulty for us. We provide every detail on each one of the AI stock, you can see how the stock are doing good or how it goes in the past and then you decide which one is good for your investment.

Disclaimer:

INVESTMENT ARE SUBJECT TO MARKET RISK. THIS ARTICLE IF FROM OUR RESEARCH WE ARE NOT FORCING TO ANY ONE TO INVEST. READING THIS ARTICLE FOR KNOWLEDGE NOT FOR TAKE ANY DECISION BEFORE INVESTING ASK YOU ADVISER OR MAKE YOUR OWN DECISION.