From TipRanks: 2024-05-17 07:17:35

Analysts recommend Symbotic, Intuitive Surgical, and Thermo Fisher Scientific as the top AI stocks to buy in May 2024. The global robotics market is projected to grow significantly, creating investment opportunities in AI. Symbotic’s AI-driven technology streamlines warehouse operations, showing strong financial performance and revenue growth.

Intuitive Surgical excels in robotic-assisted surgery with its da Vinci system, surpassing Q1 expectations. ISRG experienced growth in procedure volumes and launched a new system, driving sales. Analysts predict upside potential with a Strong Buy consensus rating and positive share performance.

Thermo Fisher Scientific leverages AI in life sciences research, improving diagnostics and therapies. TMO increased its dividend and repurchased stock, posting impressive Q1 earnings despite flat revenue. With strong analyst support and financial performance, TMO offers potential upside for investors.



Read more at TipRanks: 3 Best Non-Nvidia AI Stocks to Buy in May 2024, as per Analysts