Artificial intelligence (AI) is the use of computer algorithms and technology to simulate and replace human cognitive functions including decision-making, learning, and problem-solving. Examples of AI technology include virtual personal assistants (like Apple’s Siri), automated customer support services, autonomous vehicles, and speech recognition software.

From a financial perspective, AI stocks are the stocks of companies that are involved in the development and implementation of artificial intelligence technologies.

Investing in AI Stocks

Before investing in artificial intelligence stocks, investors should look at the financial performance of the companies. Investors can use ratios such as the price-to-earnings (P/E) ratio, dividend yield, and return on equity (ROE) to evaluate the potential for long-term growth and/or dividend income.

The technology sector is one of the top stock market segments that are using and developing artificial intelligence. In recent years, many investors have gone into this segment to invest in technology stocks.

However, AI stocks can be risky if they don’t have a good track record or have products that haven’t been well received by the public, so it’s important to be sure of the company’s standing and prospects before making any investments.

Top 10 AI Stocks

  1. NVIDIA Corporation (NVDA): NVIDIA is a technology company focused on developing computer graphics and display technologies. The company’s products are used in gaming, professional workstations, gaming consoles, and data centers. NVIDIA is at the forefront of artificial intelligence and machine learning research, so investors looking to take advantage of the potential of AI could consider NVDA stock.

  2. Alphabet Inc. (GOOGL): Google is developing artificial intelligence technology for many of its products, including email and search. Alphabet Inc. is a holding company for Google and other associated companies, so investors interested in profiting from Google’s artificial intelligence investments could consider buying GOOGL stock.

  3. Microsoft Corporation (MSFT): Microsoft is one of the biggest companies in the technology sector, and it is heavily invested in artificial intelligence. The company has invested heavily in research and development, and many of its products are AI-powered.

  4. Salesforce.com Inc. (CRM): Salesforce.com is a cloud computing provider specializing in customer relationship management (CRM). The company has made significant investments in artificial intelligence, and its AI-powered Assist and Einstein products have become popular among enterprise customers.

  5. Baidu Inc. (BIDU): Baidu is a Chinese technology company focused on providing internet services. The company’s search engine is one of the most popular in the world, and it has been actively investing in AI technology, particularly in autonomous driving and automated services.

  6. SAP SE (SAP): SAP is a software company providing enterprise resource planning (ERP) and customer relationship management (CRM) solutions. The company has developed the SAP Leonardo platform to integrate AI into its products and services.

  7. Qualcomm Inc. (QCOM): Qualcomm is a major semiconductor manufacturer and supplier of mobile phone and computing components. The company is actively investing in 5G and artificial intelligence, so investors interested in the growth potential of AI-equipped devices could consider buying QCOM stock.

  8. Intuit Inc. (INTU): Intuit is a financial software company that develops business and personal software products. The company has developed AI-powered tools such as QuickBooks Capital and TurboTax Live for its customers.

  9. Oracle Corporation (ORCL): Oracle provides enterprise software, middleware, and cloud services. The company’s AI-powered products are used by customers for process automation, predictive analytics, and natural language processing.

  10. IBM Corp. (IBM): IBM is a technology company providing software, hardware, and consulting services. The company is investing heavily in artificial intelligence and is developing products such as IBM Watson and IBM Bluemix.

AI stocks have attracted attention from investors in recent years, and many companies are investing in the development of AI technology. The technology stocks mentioned in this article are well-established companies that have achieved success in the AI segment. When considering AI stocks, it is important to do your own research and evaluate the company’s financials and products to see if it is right for your risk profile and long-term investing goals.