AI Investor: 12 Stocks To Keep in Mind

Writing for USNews, John Divine says AI is no longer a technological curiosity, it’s here to stay. The best artificial intelligence stocks to buy are already using machine learning and neural networks. If you took away their AI capabilities, profit would plummet. Among John’s ten recommendations, three are already trillion-dollar businesses: Alphabet, Amazon and Microsoft. The other seven stocks he advises taking a look at include: Nvidia, Salesforce.com, Twilio, IBM, Facebook, Tencent, and Docusign.

John points to AI’s importance to the economy, citing reporting from Grand View Research which estimated the global market at $39.9 billion in 2019. Grand View projects a compound annual growth rate of 42.2% between 2020 and 2027

According to Nicholas Rossolillo at the Motley Fool, disruption from the pandemic and uncertainty in the direction of consumer trends has businesses in need of the help artificial intelligence can bring; efficiency, flexibility, and, maybe most important, predictability.

The gradual reopening of the economy along with increasing corporate budgets are reigniting interest in AI applications. Nicholas offers three names in the AI space he says are worth considering: Alphabet, Invitae, and Medallia.

Alphabet needs no introduction. Invitae is an interesting AI play in the fast-growing…