3 Artificial Intelligence (AI) Stocks to Buy in May

From Nasdaq: 2024-05-02 04:45:00

Artificial intelligence (AI) stocks experiencing price pullbacks may present a buying opportunity for investors. Nvidia, with a P/E ratio of 74 and triple-digit revenue growth, seems overhyped but offers upside potential. Tesla, down 55% from its high, has low P/E ratio of 43 and plans for a lower-cost EV. Microsoft, up 26% in past year, is gaining recognition as an AI leader with a P/E ratio of 33. Each company presents opportunities for investors to consider.



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