Positive.
From Nasdaq: 2025-01-12 15:17:00
- Nvidia saw a surge in revenue due to AI, with a 125% increase in fiscal year 2024 and a projected doubling in fiscal year 2025. Its GPUs dominate the AI infrastructure market, and major customers like Microsoft are investing heavily in AI data centers, signaling continued growth. Nvidia’s stock is valued at a forward P/E of 31.5.
- Microsoft’s Azure unit is thriving in AI, with 33% revenue growth last quarter, and a doubling in Azure OpenAI usage. The company is investing heavily in AI infrastructure to meet demand and offers AI copilots for productivity tools. Trading at a P/E of 32.5, Microsoft’s stock is reasonably valued.
- Salesforce aims to lead in agentic AI with its Agentforce platform, offering customizable agents for various functions. The platform is gaining traction with rapid adoption and a projected deployment of 1 billion AI agents by fiscal 2026. Salesforce’s stock is valued at 29 times fiscal 2026 earnings and a PEG of 0.8, making it an attractive investment opportunity.
Read more at Nasdaq: 3 Best Artificial Intelligence (AI) Stocks to Buy in January