From Nasdaq: 2024-12-13 08:08:00

In 2024, a trend of AI fatigue is emerging, signaling a potential shift away from generative AI to focus on the profitability of AI technologies like interactive and autonomous AI. Investors are eyeing companies like Amazon, Apple, and Microsoft for potential growth opportunities in AI-related sectors in 2025.

UiPath Inc. is at the forefront of workforce automation with its robotic process automation (RPA) technology, showing promising revenue growth despite facing competition from established players like Microsoft. Analysts have raised price targets for UiPath stock, projecting a 21% upside from its current value.

Intuitive Surgical Inc. leads the field of robotic surgery assistance with its Da Vinci system, utilizing AI and ML technologies to enhance surgical outcomes. Despite a high forward P/E ratio, Intuitive Surgical stock has surged 61% in 2024, demonstrating both high valuation and value potential for investors.

iRhythm Technologies Inc. is expanding its market presence in digital healthcare by offering advanced cardiac monitoring services with AI capabilities. Despite not being profitable yet, iRhythm plans to tap into international markets, driving revenue growth and increasing its total addressable market to over one billion, prompting analysts to raise price targets for its stock.



Read more at Nasdaq:: Top 3 Robotics and Automation Stocks for the Next AI Boom