Investors should consider buying Dell Technologies (DELL) and C3.ai (AI) for AI market growth.

From Nasdaq: 2024-09-04 06:20:00

1. The AI market is projected to reach $826 billion by 2030, driving demand for AI hardware and software. Dell Technologies (DELL) stands out as a top supplier of servers and storage systems, with revenue growing 38% in the infrastructure group. Despite a decline in the PC business, Dell’s customer support and complete server packages position it well for growth.

2. C3.ai (AI) leads in AI applications for supply chain management, experiencing a 20% revenue growth. The company’s generative AI applications have attracted interest across 15 industries, leading to new market opportunities. C3.ai’s sales channels through major cloud service providers and strong pipeline growth indicate continued revenue acceleration with improving free cash flow.

3. Despite being down 19% this year, C3.ai shows promise for investors. The company’s focus on signing deals and solid top-line growth, along with improving free cash flow, could drive the stock higher in the coming year. The Motley Fool Stock Advisor highlights potential high-growth stocks, urging investors to explore other opportunities in the market.



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