2 Top Artificial Intelligence (AI) Stocks to Buy Right Now
From Nasdaq Inc.:
Microsoft founder Bill Gates and futurist Ray Kurzweil are in agreement that AI is a game-changing force, similar to the internet and mobile phones. In preparation for this shift, investors should consider AI stocks such as SoundHound AI (NASDAQ: SOUN) and IBM (NYSE: IBM).
SoundHound AI (NASDAQ: SOUN) is leveraging its expertise in music identification to expand into AI-powered audio analysis. The company’s Houndify engine is being used in various industries, and its revenues have nearly doubled since its initial public offering.
IBM (NYSE: IBM) is a leader in AI with its Watson platform, specializing in business-grade services. The company’s recent financials show positive trends, positioning IBM as a stable and promising investment in the AI field.
Investors looking for a powerful AI stock should consider IBM, which trades at a bargain valuation compared to other market darlings like Nvidia or Microsoft. Despite its strong position in the AI segment, IBM has been overlooked by investors, making it a compelling investment opportunity.
Read more: 2 Top Artificial Intelligence (AI) Stocks to Buy Right Now