Artificial intelligence (AI) is rapidly changing the world, and the stock market is no exception. There are a number of AI-based companies that are making waves in the market, and these stocks could be a good investment for those who are looking to get exposure to this growing technology.
Here are 10 of the best AI-based stocks in the USA:
1. Alphabet (GOOGL):
Alphabet is the parent company of Google, and it is one of the leading players in the AI space. Google’s AI-powered products and services are used by billions of people around the world, and the company is constantly innovating in this area.
Company: Alphabet Inc.
Industry: Technology
Ticker Symbol: GOOGL
Market Cap: $1.9 trillion (as of March 8, 2023)
Price to Earnings Ratio: 23.6
52-Week Range: $98.06 – $309.98
Alphabet is the parent company of Google, and it is one of the leading players in the AI space. The company’s AI-powered products and services are used by billions of people around the world, and the company is constantly innovating in this area.
Some of Alphabet’s most notable AI-powered products and services:
Google Search: Google’s search engine uses AI to deliver relevant results to users.
Google Translate: Google Translate uses AI to translate text between languages.
Google Photos: Google Photos uses AI to organize and classify photos.
Google Assistant: Google Assistant uses AI to answer questions and complete tasks.
Google Cloud Platform: Google Cloud Platform offers a suite of AI-powered services for businesses.
Alphabet’s AI business is growing rapidly, and the company is expected to continue to invest heavily in this area in the years to come. As a result, Alphabet is a good investment for investors who are looking to get exposure to the AI market.
2. Microsoft (MSFT):
Microsoft is another tech giant that is investing heavily in AI. The company’s AI-powered products include Azure, Cortana, and Bing. Microsoft is also a leader in the development of self-driving cars.
Company: Microsoft Corporation
Industry: Technology
Ticker Symbol: MSFT
Market Cap: $2.3 trillion (as of March 8, 2023)
Price to Earnings Ratio: 27.3
52-Week Range: $241.45 – $349.67
Microsoft is a leading provider of software, cloud computing, and AI solutions. The company has been investing heavily in AI in recent years, and its AI-powered products and services are used by businesses and consumers around the world.
Some of Microsoft’s most notable AI-powered products and services:
Azure: Azure is Microsoft’s cloud computing platform, which offers a wide range of AI-powered services.
Cortana: Cortana is Microsoft’s virtual assistant, which uses AI to answer questions, complete tasks, and provide recommendations.
Bing: Bing is Microsoft’s search engine, which uses AI to deliver relevant results to users.
Dynamics 365: Dynamics 365 is Microsoft’s suite of CRM applications, which use AI to help businesses manage their customer relationships.
Microsoft’s AI business is growing rapidly, and the company is expected to continue to invest heavily in this area in the years to come. As a result, Microsoft is a good investment for investors who are looking to get exposure to the AI market.
3. Amazon (AMZN):
Amazon is not just an e-commerce giant. The company is also a leader in the AI space, and its AI-powered products include Alexa, Amazon Rekognition, and Amazon SageMaker. Amazon is using AI to improve its customer experience, automate its warehouses, and develop new products.
Company: Amazon.com, Inc.
Industry: E-commerce, Cloud Computing, AI
Ticker Symbol: AMZN
Market Cap: $1.6 trillion (as of March 8, 2023)
Price to Earnings Ratio: 58.2
52-Week Range: $90.55 – $3,773.08
Amazon is a leading e-commerce retailer, but the company is also a major player in the AI space. Amazon is investing heavily in AI to improve its customer experience, automate its operations, and develop new products.
Some of Amazon’s most notable AI-powered products and services:
Alexa: Alexa is Amazon’s voice assistant, which uses AI to answer questions, complete tasks, and control smart home devices.
Amazon Rekognition: Amazon Rekognition is Amazon’s image and video analysis service, which uses AI to identify objects, faces, and text in images and videos.
Amazon SageMaker: Amazon SageMaker is Amazon’s cloud-based AI platform, which allows businesses to build, train, and deploy AI models.
Amazon Go: Amazon Go is a cashier-less convenience store that uses AI to track customers and their purchases.
Amazon’s AI business is growing rapidly, and the company is expected to continue to invest heavily in this area in the years to come. As a result, Amazon is a good investment for investors who are looking to get exposure to the AI market.
4. Intuit (INTU):
Intuit is the company behind TurboTax and QuickBooks. The company is using AI to automate its tax preparation software and improve its financial planning tools. Intuit is also developing AI-powered products for small businesses.
Company: Intuit Inc.
Industry: Financial Services, Software
Ticker Symbol: INTU
Market Cap: $114.2 billion (as of March 8, 2023)
Price to Earnings Ratio: 32.3
52-Week Range: $221.68 – $331.35
Intuit is a leading provider of financial software, including TurboTax and QuickBooks. The company is investing heavily in AI to improve its products and services.
Some of Intuit’s most notable AI-powered products and services:
TurboTax AI: TurboTax AI is a new feature in TurboTax that uses AI to help users file their taxes more easily.
QuickBooks Self-Employed: QuickBooks Self-Employed is a cloud-based accounting software for small businesses that uses AI to help users track their finances.
Mint: Mint is a personal finance app that uses AI to help users track their spending and save money.
Intuit’s AI business is growing rapidly, and the company is expected to continue to invest heavily in this area in the years to come. As a result, Intuit is a good investment for investors who are looking to get exposure to the AI market.
5. Cognizant (CTSH):
Cognizant is a leading provider of IT services. The company is using AI to automate its operations and improve its customer service. Cognizant is also developing AI-powered products for businesses in a variety of industries.
Cognizant is a leading provider of IT services and consulting. The company is investing heavily in AI to improve its products and services.
Some of Cognizant’s most notable AI-powered products and services:
Aura: Aura is a suite of AI-powered tools that help businesses automate their customer service operations.
AIOps: AIOps is an AI-powered platform that helps businesses monitor and troubleshoot their IT infrastructure.
Cognizant Digital Engineering: Cognizant Digital Engineering is a team of AI experts who help businesses design, build, and deploy AI solutions.
Cognizant’s AI business is growing rapidly, and the company is expected to continue to invest heavily in this area in the years to come. As a result, Cognizant is a good investment for investors who are looking to get exposure to the AI market.
6. Salesforce (CRM):
Salesforce is a leading provider of CRM software. The company is using AI to automate its customer service and sales processes. Salesforce is also developing AI-powered products for businesses in a variety of industries.
Company: Salesforce.com, Inc.
Industry: Software, Cloud Computing
Ticker Symbol: CRM
Market Cap: $273.6 billion (as of March 8, 2023)
Price to Earnings Ratio: 30.4
52-Week Range: $151.00 – $336.78
Salesforce is a leading provider of CRM software. The company is investing heavily in AI to improve its products and services.
Some of Salesforce’s most notable AI-powered products and services:
Einstein: Einstein is a suite of AI-powered tools that help businesses automate their customer service operations, predict customer behavior, and personalize marketing campaigns.
Salesforce AI Cloud: Salesforce AI Cloud is a platform that allows businesses to build, train, and deploy AI models.
Salesforce AppExchange: Salesforce AppExchange is a marketplace where businesses can find and buy AI-powered apps.
Salesforce’s AI business is growing rapidly, and the company is expected to continue to invest heavily in this area in the years to come. As a result, Salesforce is a good investment for investors who are looking to get exposure to the AI market.
7. Nvidia (NVDA):
Nvidia is a leading provider of graphics processing units (GPUs). The company’s GPUs are used in a variety of AI applications, including self-driving cars, facial recognition, and natural language processing. Nvidia is also developing AI-powered products for gaming and data centers.
Company: NVIDIA Corporation
Industry: Semiconductors, Artificial Intelligence
Ticker Symbol: NVDA
Market Cap: $705.4 billion (as of March 8, 2023)
Price to Earnings Ratio: 48.7
52-Week Range: $163.54 – $346.47
Nvidia is a leading provider of graphics processing units (GPUs). The company’s GPUs are used in a variety of AI applications, including self-driving cars, facial recognition, and natural language processing.
Some of Nvidia’s most notable AI-powered products and services:
Deep learning super sampling (DLSS): DLSS is a technology that uses AI to improve the image quality of games.
NVIDIA Clara™ AI SDK: NVIDIA Clara™ AI SDK is a suite of tools that help developers build AI applications for healthcare.
NVIDIA Omniverse™: NVIDIA Omniverse™ is a real-time 3D simulation platform that uses AI to create immersive experiences.
Nvidia’s AI business is growing rapidly, and the company is expected to continue to invest heavily in this area in the years to come. As a result, Nvidia is a good investment for investors who are looking to get exposure to the AI market.
8. Palantir (PLTR):
Palantir is a data analytics company that is using AI to help businesses make better decisions. The company’s software is used by government agencies and Fortune 500 companies. Palantir is also developing AI-powered products for the healthcare and financial services industries.
Company: Palantir Technologies Inc.
Industry: Software, Artificial Intelligence
Ticker Symbol: PLTR
Market Cap: $28.6 billion (as of March 8, 2023)
Price to Earnings Ratio: 122.6
52-Week Range: $9.89 – $29.11
Palantir is a data analytics company that uses AI to help businesses make better decisions. The company’s software is used by government agencies and Fortune 500 companies.
Some of Palantir’s most notable AI-powered products and services:
Palantir Gotham: Palantir Gotham is a software platform that helps government agencies identify and prevent threats.
Palantir Foundry: Palantir Foundry is a software platform that helps businesses make better decisions by providing insights into their data.
Palantir Apollo: Palantir Apollo is a software platform that helps businesses automate their operations.
Palantir’s AI business is growing rapidly, and the company is expected to continue to invest heavily in this area in the years to come. As a result, Palantir is a good investment for investors who are looking to get exposure to the AI market.
9. Snowflake (SNOW):
Snowflake is a cloud-based data warehouse company. The company’s platform is used by businesses to store and analyze large amounts of data. Snowflake is using AI to help businesses make better use of their data.
Company: Snowflake Inc.
Industry: Cloud Computing, Software
Ticker Symbol: SNOW
Market Cap: $78.3 billion (as of March 8, 2023)
Price to Earnings Ratio: 120.9
52-Week Range: $120.13 – $405.00
Snowflake is a cloud-based data warehouse company that uses AI to help businesses analyze their data. The company’s platform is used by businesses of all sizes, including many Fortune 500 companies.
Some of Snowflake’s most notable AI-powered products and services:
Snowflake Data Science Platform: Snowflake Data Science Platform is a suite of tools that help data scientists build and deploy AI models.
Snowflake Machine Learning Engine: Snowflake Machine Learning Engine is a managed service that helps businesses build and deploy AI models at scale.
Snowflake Data Exchange: Snowflake Data Exchange is a marketplace where businesses can buy and sell data sets.
Snowflake’s AI business is growing rapidly, and the company is expected to continue to invest heavily in this area in the years to come. As a result, Snowflake is a good investment for investors who are looking to get exposure to the AI market.
10. Datadog (DDOG):
Datadog is a cloud-based monitoring platform. The company’s platform is used by businesses to monitor their IT infrastructure. Datadog is using AI to help businesses detect and troubleshoot problems more quickly.
Company: Datadog, Inc.
Industry: Cloud Computing, Software
Ticker Symbol: DDOG
Market Cap: $36.4 billion (as of March 8, 2023)
Price to Earnings Ratio: 103.7
52-Week Range: $100.92 – $316.99
Datadog is a cloud-based monitoring platform that uses AI to help businesses troubleshoot problems and improve their performance. The company’s platform is used by businesses of all sizes, including many Fortune 500 companies.
Some of Datadog’s most notable AI-powered products and services:
Datadog AI Engine: Datadog AI Engine is a suite of tools that help businesses automate their monitoring and troubleshooting processes.
Datadog RUM: Datadog RUM is a tool that helps businesses track and analyze real-user performance.
Datadog Synthetics: Datadog Synthetics is a tool that helps businesses create and run automated tests to monitor their applications.
Datadog’s AI business is growing rapidly, and the company is expected to continue to invest heavily in this area in the years to come. As a result, Datadog is a good investment for investors who are looking to get exposure to the AI market.
These are just a few of the many AI-based stocks that are available on the market. If you are looking to invest in AI, it is important to do your research and choose stocks that are well-positioned for growth.
It is also important to remember that AI is a rapidly evolving field, and the stocks on this list may not be the best investment in the future. However, these stocks are all leaders in the AI space, and they are likely to continue to grow in the years to come.
