Investors should consider buying Nvidia, GitLab, and AppLovin for AI exposure

From Nasdaq: 2025-01-09 08:00:00

Palantir Technologies (NASDAQ: PLTR) experienced significant growth in 2024 as U.S. commercial clients adopted its AI Platform, alongside increased spending from the U.S. government. The company’s potential remains high, especially as it transitions proof-of-concept work into production, driving further revenue growth.

Nvidia (NASDAQ: NVDA) has also been a major player in the AI space, with a more attractive valuation compared to Palantir. Its GPUs have become essential for training AI models, and the continued investment in AI infrastructure, such as Microsoft’s $80 billion plan, bodes well for Nvidia’s future success.

GitLab (NASDAQ: GTLB) offers a DevSecOps platform that integrates cybersecurity into software development, leading to consistent revenue growth fueled by its AI-powered GitLab Duo tools. The company’s strong net revenue retention and customer adoption of its GitLab Dedicated solution position it as an attractive high-growth stock.

AppLovin (NASDAQ: APP) has seen explosive growth driven by its AI-powered adtech tool Axon-2, particularly in targeting new game users. With plans to expand into e-commerce, AppLovin’s platform revenue growth and potential for further expansion make it a compelling investment option with a reasonable valuation.



Read more at Nasdaq: Should You Forget Palantir and Buy These 3 Artificial Intelligence (AI) Stocks Right Now?