10 of the Best Long Term AI Stock Picks
Investing in artificial intelligence (AI) stocks is one of the most profitable investments you can make in 2022. The industry is still in its early stages, which means there is a lot of growth potential. However, picking the right AI stock can be difficult. When it comes to long-term AI stock picks, you want to look for companies that are leaders in the industry and have a strong history of growth. The company you choose should also have a solid financial foundation and a bright future. To help you choose the best long-term AI stock pick, here are 10 of the best long-term AI stock picks;
10. SentinelOne, Inc. (S)
SentinelOne is a cybersecurity company that uses artificial intelligence to protect its customers from cyber threats. According to Money.Usnews, The company has a strong history of growth and is a leader in the industry. SentinelOne is a publicly-traded company and its stock is listed on the NASDAQ. This AI stock has a strong financial foundation and a bright future. The company has a market cap of $3.85 billion and its stock is up over 150% in the last year. It is one of the best long-term AI stock picks because it is a leader in the industry and has a strong history of growth.
9. Netflix (NFLX)
Netflix is one of the hottest entertainment stocks on the market, and for good reason. The company has redefined how people consume television and movies, and it’s only getting bigger. As more people cancel their cable subscriptions and opt for Netflix’s cheaper and more flexible service, the company’s subscriber base has exploded. In just the past few years, Netflix has added over 130 million subscribers and now has a presence in over 190 countries. And it’s not just TV shows and movies… Netflix is also getting into the business of original content, with popular shows like Stranger Things and Narcos. What’s more, Netflix is using AI in some ways to improve its service. For example, the company is using machine learning algorithms to recommend shows and movies to users based on their watching habits.
8. Intel (INTC)
Intel is one of the world’s leading computer chip manufacturers and a major player in the development of AI technology. The company has been working on self-driving cars, drones, and other AI applications for several years and is well-positioned to continue leading the way in this rapidly growing industry. While Intel’s stock price has been fairly flat over the past year, the company is still a strong long-term investment. Intel is a well-established company with a history of strong financial performance. The company is also a leader in the AI industry and is well-positioned to continue growing in this rapidly expanding market. For these reasons, Intel is a great long-term stock pick for investors interested in AI.
7. DocuSign (DOCU)
DocuSign is a leading provider of electronic signature technology. The company’s technology is used by more than 400,000 companies worldwide, including major corporations like Microsoft (MSFT), Salesforce (CRM), and Apple (AAPL). The company’s technology allows users to securely sign documents electronically, eliminating the need for paper signatures. This not only saves trees but also reduces the risk of fraud and makes business transactions more efficient. DocuSign’s technology is well-positioned to benefit from the continued shift to digital business transactions. The company is also expanding its product offerings beyond electronic signatures, which should help drive future growth.
7. Amazon.com Inc. (AMZN)
You can’t talk about the future of AI without mentioning Amazon. The company is already a major player in the space, with its Alexa voice assistant and Amazon Web Services (AWS) cloud platform. Amazon is also investing heavily in research and development for new AI applications. In 2018, the company announced that it would be opening an “AI hub” in Canada, to attract top AI talent. And Amazon’s not just looking to the future, it’s also making money in the present with AI. Alexa is a big moneymaker, with the device’s sales helping to drive Amazon’s growth. And AWS is also a major contributor to the company’s bottom line. AWS offers a wide range of AI services, including machine learning, deep learning, and natural language processing. These services are used by some of the biggest names in tech, including Netflix (NFLX) and Facebook (FB). Amazon is a clear leader in the AI space, and it’s a stock that should be on every investor’s radar.
6. Nvidia Corp. (NVDA)
Nvidia is a leader in artificial intelligence, and its GPUs are used by many of the biggest names in tech. The company’s shares have surged in recent years, but they could still have room to run. It’s no secret that Nvidia is a powerhouse in the graphics processing unit (GPU) space. The company has a market share of more than 70% in the high-end GPU market, according to Jon Peddie Research. The company’s GPUs are used in gaming, professional visualization, data center, and automotive markets. Nvidia’s GPUs are also being used increasingly in artificial intelligence (AI). The company has been a leader in developing new AI technologies, and its GPUs are used by many of the biggest names in tech, including Alphabet (GOOGL) Google, Facebook (FB), and Amazon (AMZN). Nvidia’s shares have surged in recent years, but they could still have room to run. The company is benefiting from strong secular trends, including the growth of gaming, professional visualization, and data center markets. In addition, Nvidia’s position in AI is only going to become more important in the years ahead.
5. Palantir (PLTR)
Founded in 2004, Palantir is a software company that specializes in big data analysis. The company went public via a direct listing in September 2020. Palantir’s two main products are Gotham and Foundry. According to Sensoriumxr, Gotham is used by government and law enforcement agencies to track down criminals and terrorists. Foundry is used by corporations to manage their data. Despite being a relatively new public company, Palantir has already established itself as a leader in the AI software industry. The company’s stock has soared since its public debut, and it is now one of the most valuable AI companies in the world.
4. International Business Machines Corp. (IBM)
IBM is one of the oldest and largest tech companies in the world, and it has been a pioneer in artificial intelligence technology for decades. The company offers a wide range of AI products and services, including its Watson platform, which is used by businesses in a variety of industries for tasks such as data analysis and customer service. IBM has been investing heavily in AI in recent years, and its stock has performed well as a result. The company is a leader in the enterprise AI market, and its products are used by some of the largest companies in the world.
3. Microsoft Corp. (MSFT)
This tech giant has been a major player in the AI race, thanks to its Azure cloud platform and various AI-powered products and services. Microsoft’s AI strategy is centered around delivering “intelligent cloud services” and “pervasive artificial intelligence.” Microsoft’s Azure cloud platform is used by many major corporations, including Walmart (WMT), General Electric (GE), and Autodesk (ADSK). Azure offers various AI-powered services, such as Azure Cognitive Services, Machine Learning, and Bot Service. These services allow developers to create intelligent applications without needing to have expertise in AI. Microsoft is also investing heavily in research and development in the field of AI. The company has established an AI and Research Group, which is headed by accomplished researcher Harry Shum. This group is responsible for developing Microsoft’s core AI technology, which is then used in products like Cortana, Skype Translator, and Xbox Kinect.
2. Meta Platforms Inc. (FB)
Facebook is one of the most popular social networking platforms today with over 2 billion users. It is also one of the leading AI companies. The company has been investing heavily in AI and has acquired many AI startups. It is also building its own AI research lab called FAIR. It has grown its revenues by almost 50% in the last 5 years and is expected to continue growing at a similar rate. This will continue to drive the stock price higher. While the stock is expensive, it is still a good long-term pick.
1. Alphabet Inc. (GOOG, GOOGL)
Alphabet Inc. is the parent company of Google, and its stock has been on a tear lately. The company is a powerhouse in the AI space, with its Google AI research division leading the way in both basic and applied research. Google has been working on artificial intelligence for many years now, and its efforts are starting to pay off in a big way. The company has made significant progress in fields such as machine learning, natural language processing, and computer vision. Its Google Brain project is one of the most ambitious AI initiatives in the world, and it is already bearing fruit. Alphabet’s AI initiatives are not just restricted to research. According to MoneyCrashers, The company is also commercializing its technology through products such as Google Home, Google Assistant, and the Google Pixel smartphone. Its AI-powered search engine is getting better by the day, and it is now starting to challenge Amazon’s dominance in the e-commerce space. Alphabet is also using AI to improve its advertising business. Its DoubleClick platform is now powered by machine learning, and it is helping the company to target ads more effectively. Overall, Alphabet is a clear leader in the AI space, and its stock is a must-own for long-term investors.
Picking the right stocks is essential for any investor. This is especially true for those investing in artificial intelligence (AI) stocks. The reason is that the AI industry is still in its early stages and is thus subject to greater volatility. To help you make the best possible AI investments, the above are 10 of the best long-term AI stock picks. These stocks have been selected based on their strong fundamentals, promising growth prospects, and recent positive investor sentiment.