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Best Ai Stocks 2020

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Last Updated: 02 July 2021

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General | Latest Info

Although AI once occupied the fascinating but far off thematic market sector, best artificial Intelligence stocks to buy today use techniques such as machine learning and neural networks routinely as a core function of their business. Millions of consumers interact with AI directly or indirectly on a day-to-day basis via virtual assistants, facial-recognition technology, gaming platforms, chatbots, mapping applications and a host of other software. That say, this is just early innings, and the area's profit potential is hard to overstate. From Big Tech players to New age Software platforms and Advanced chipmakers, here are 10 AI companies betting big on artificial Intelligence. Even if you've only casually followed the best ways to invest in artificial Intelligence, you likely know Nvidia, specialized Semiconductor company whose technology plays a central role in many young, high-Growth areas of Tech. Central to Nvidia's leadership is the company's graphics processing unit, which powers autonomous vehicles, high-performance gaming, Cloud computing and many other areas requiring Deep learning. Sony partner with Nvidia to introduce car prototype at the Consumer Electronics Show in 2020. NVDA is marketing itself to automakers as the go-to solution for unified architecture across Software, AV chips, data centers and more. NVDA's first-mover advantage in high-performance GPUs has eroded with competition, but it remains the market leader in that high-end market and is one of the best AI stocks to buy in 2020. Google parent Alphabet has a practically existential interest in investing heavily in artificial Intelligence. Google uses AI and Deep learning to automate many vital parts of its sprawling Software business: relevant Search results, speech recognition, self-driving Technology, ad pricing, personal assistant Software and much more. Much of Alphabet's roughly $1 trillion valuation depends on maintaining and improving these services. With many observers believing AI could be a winner-take-all market, GOOG has resources, motivation and experience to win, which would certainly make it one of the best artificial Intelligence stocks to buy. In late 2019, Google announced it had achieved quantum supremacy with its Sycamore processor, solving computation in 200 seconds that would take the world's fastest supercomputer 10 000 years. Until proven otherwise, this may make GOOG the single most exciting AI company in the world. Salesforce, customer relationship Management Software giant, regularly acquires hot Tech startups to improve its Software-as-aservice offerings. In 2019, it acquire Bonobo AI, firm using automated analysis of customer phone calls, texts and chats to deliver actionable Insights. This fits perfectly with Salesforce Einstein, Company's AI-power Software that uses data to identify previously unseen business patterns, deliver hottest sales lead, predict what marketing copy will perform best and generally optimize how businesses operate and convert. It's no coincidence that Salesforce and a handful of other best AI companies in the world are also NOW large-cap growth stocks, routinely growing their own sales by more than 20% each year. Analysts expect profits to advance 18% annually for the next five years.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

NVIDIA

NVIDIA Corporation remains on many analysts ' lists for top AI stocks to buy NOW and in 2020. The company makes its bones with its graphics processing units, microchips that process huge amounts of data cost-effectively. But recently, NVIDIA found that those GPUs have a place in artificial intelligence. NVIDIA has grown this year as the company's stock price is trading at 57. 54% higher than its year-to-date moving average. Over the past six months, NVIDIA's price has grown from $133. 78 on June 3 to $216. 74 on Nov. 30. But the company is still well below its high point of $284. 16 set back in October 2018. In 2019, NVIDIA stock has beat analyst's earnings estimates and its earnings are projected to be between $1. 36 and $1. 34. Those estimates are expected to jump to 77. 61% year-over-year. So companies have started to sell those GPUs, which were initially built for gaming, to companies to use in data centers and self-driving vehicles. The only real drawback is NVIDIA has a forward price-to-earnings ratio of 40. 1x, which is high. However, this is a massive industry and NVIDIA remains one of the market leaders. Its continued leadership in the chip-creating space and its use of those chips in the AI realm make IT one of the Top 5 AI stocks to watch next year.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

IBM

International Business Machines has been around for over a century. Today, tech giant is an integrated provider of hardware, software, and services to large enterprise customers. Its mainframe computer systems are still ubiquitous in certain industries, and IT regularly signs multi-year IT deals worth hundreds of millions of dollars each. IBM's strategy with AI is to apply technology where IT can augment human intelligence, increase efficiency, or lower costs. In the healthcare industry, IBMs AI technology is being used to create individualized care plans, accelerate the process of bringing new drugs to market, and improve quality of care. In the financial services industry, via companys acquisition of Promontory Financial Group, IBM is using AI to help clients with the daunting task of regulatory compliance. There are some applications that are quite ready for primetime but show promise. For example, IBM is working with marine research organization ProMare on an AI Captain capable of allowing ships to self-navigate across the Atlantic Ocean. While the market for AI products and services is fragment, IBM is leading the industry. Company generates over $2. 5 billion of revenue from AI in 2018, according to IDC, giving IT the largest market share in the industry. IBM is a complicated company, and AI is far from its only growth opportunity. But if youre looking to invest in a company that will benefit from the AI boom, IBM is a good choice.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Micron

Micron Technology manufactures memory chips, including dynamic random-access memory and NAND Flash memory found in solid-state drives. Most of what companies make are commodity products, meaning that supply and demand dictate pricing. This leads to sometimes brutal cycles where oversupply of chips pushes down prices. In the long run, demand for memory chips will only grow, and that is especially true in the AI industry. Self-driving cars are a good example. All sensors and cameras produce a lot of data-Micron estimate it at around 1 GB per second. Back in 2018, company forecast that fully autonomous vehicle would require 74 GB of DRAM and 1 TB of NAND, and that there would be 26 million vehicles equipped with Level 3 autonomy by 2025. For comparison, PC today may have 16 GB of RAM and 1 TB of NAND. Outside of self-driving cars, data centers running AI workloads need plenty of memory as well. So do smartphones that may be doing AI work. Newer iPhones, for example, do all sorts of AI magic with camera to produce improved images. Investing in Micron will come with ups and downs due to the nature of its business. Even though AI will drive increased demand for memory chips in the long run, supply and demand will reign supreme in the short run. But if you have a stomach for volatile Stock, Micron isnt bad way to bet on AI.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Conclusion

Artificial intelligence powers many industrial applications which have now become essential in our everyday life activities, including for business executives. Text-base search and video content recommendations, weather prediction, analyzing customer shopping behavior, extracting insight from unstructured data, and making forecasts for financial markets are all AI features that turn the page to a new chapter of business innovation. These are the types of projects that are currently worth investing in. Investment in AI stocks is a long-term strategy. These stocks will result in capital gains and stability as AI development companies contribute to the expansion of emerging technologys applicability. Key factors to consider when investing in AI are associated risks, current top-performing industries, and quality of datasets that are used for AI training. Possible ways to invest in AI are diverse, including acquiring stocks of AI companies, purchasing stocks in ETFs, and angel investing in startups. This article represents authors ' own opinions and does not imply financial advice. Any content published by PixelPlex should not be used as a guide to action. PixelPlex strongly recommends consulting a qualified investment advisor and / or conducting your own independent research before making financial decisions.


What Are AI Stocks?

Artificial Intelligence is technology that enables machines to complete tasks that generally require the type of natural Intelligence possessed by human beings. As a result, AI technology allows computers to analyze highly complex data. Gain insight from such data. And then use it to make predictions and optimize systems for performance. AI isnt merely one technology. But it rather a group of technologies that enable machines to mimic human thinking. Some of these technologies include Machine Learning, natural Language Processing, predictive Analysis, Image Recognition, and Robotics. The Artificial Intelligence market was valued at $23. 94 billion in 2018. It is expected to grow to $208. 49 billion by 2025. And that's compound annual growth rate of 36. 2%. Technology is already promising to transform everything from automobiles to healthcare to online advertising. This creates AI stocks to watch in companies that are leveraging AI for their own businesses. Here is a list of some of our favorite AI stocks:

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

1. Baidu Inc.

To put it simply, Baidu Inc. Is the Chinese equivalent of Google. Companies operate Baidu, Chinese internet search engine where people can find news, information, images and, well, just about everything else we in the United States use Google for. Baidu is the most popular website in China and the fourth-most popular website globally. This year, Baidu has traded well above its 50-day moving average of $108. 93 and its 100-day moving average of $107. 81. It's also still below its 200-day moving average of $127. 63. Baidu's current market capitalization is $41. 4 billion with annual sales of $14 billion as of December 2019. It's forward price-to-earnings ratio is 17. 35x with profit margin of 26. 96%. It uses Artificial Intelligence to help personalize its search engine user experience as well as online advertising impact. Artificial Intelligence company recently partnered with King Long Motors to launch a fully autonomous bus. Baidu experienced a dip in share price in November but has since rebound and is trading well above its 50-day moving average. Coming into 2020, Baidu should continue to develop its AI usage expanding into its iQiyi video platform along with its Maps, wallet and encyclopedia platforms. That should translate into stronger gains as the company is still well below its high for 2019. That room to grow makes it one of the Top 5 AI stocks to watch in 2020.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

ARK Industrial Innovation ETF (ARKQ)

Not surprisingly, world's largest economies are driving robotics adoption, theme that could prove beneficial for long-term ARKQ investors. China, Japan, and the United States cumulatively control about 58. 71% of global industrial robot installations. As of September 2020, there were 381 000 Units of industrial robots globally. China accounts for the largest share at 140 500 Units, followed by Japan at 49 900 Units. US is third with 33 300 instal Units, notes Buy Shares. Actively managing ARKQ invests in companies that potentially stand to benefit from increased adoption and utilization of Robotics and Artificial Intelligence, including those involved with industrial Robotics and Automation, non-industrial robots, and Autonomous Vehicles. Industrial robots are pivotal to the broader Robotics Investment thesis. Disruptive forces are among US irrespective of which sector one chooses to focus on, and the impact of technology, such as Robotics, is just barely scratching the surface. This gives ETF investors an opportunity to jump in on disruptive-focused funds that delve into technology that is transformative. The rise in industrial robots is mainly fuel by manufacturers attempting to cut production costs. Notably, leading countries with high installation are some of the leading manufacturers in automotive, electrical, and electronic, and pharmaceutical sectors. In general, deployment of robots is key in cutting operational costs, reducing errors in operational workflow, reducing material wastage, according to Buy Shares. For more on Disruptive Technologies, visit our Disruptive Technology Channel. Opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construe as an offer to sell, solicitation of an offer to buy, or recommendation for any product.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Alphabet is an AI conglomerate

Even if youve only casually follow the best ways to invest in artificial intelligence, you likely know Nvidia, specialized semiconductor company whose technology plays a central role in many young, high-growth areas of Tech. Central to Nvidias leadership is the companys graphics processing unit, which powers autonomous vehicles, high-performance gaming, Cloud computing and many other areas requiring Deep learning. NVDAs superior technology and jump-start on high-performance GPUs give it upper hand for years. While shares fell in 2018 after a meteoric multi-Year rise, NVDA currently enjoys a more reasonable valuation. NVDA now faces more competition, but remains the market leader and one of the best AI stocks to buy. Google parent Alphabet has a practically existential interest in investing heavily in artificial intelligence. Google uses AI and Deep learning to power or automate many extremely important parts of its business. Producing relevant search results, self-driving technology, digital ad pricing, personal assistant software, image-and speech-recognition software-all of its power by AI. With market capitalization approaching $1 trillion, much of Alphabet's valuation relies explicitly on maintaining and improving these services, and with many observers believing AI could be a winner-take-all market, GOOG has resources, motivation and experience that make it one of the best artificial intelligence stocks to buy. If there is one thing Salesforce, customer relationship management software giant, is known for, its obsessive focus on seeking growth and opportunities to scale. The company regularly acquires hot Tech startups to improve its software-as-aservice offerings, and in 2019 acquired Bonobo AI, firm using automated analysis of customer phone calls, texts, and chats to deliver actionable insights. This fits perfectly with Salesforce Einstein. Companys AI-power software that uses data to identify previously unseen business patterns, deliver hottest sales lead, predict what marketing copy will perform best, and generally optimize how businesses operate and convert. Moreover, increasing focus on these incredibly powerful services make Salesforce the newest member on this list of Best AI companies. It is no coincidence that the second company to ever reach a $1 trillion valuation, and company whose CEO become richest person in the world, invested heavily in artificial intelligence. Like Google, returning relevant search results is central to Amazon's business, and AI also powers key capabilities like forecasting product demand, optimizing logistics and warehousing, and improving voice-power Amazon Alexa virtual assistant. Amazon Web Services, companys cash cow, is also leading Cloud provider of machine learning Services, making Amazon expertise here even more vital. With about 360 AI jobs posted nationwide, e-tailer is working rapidly to stay in forefront of fast-growing field. The most valuable Tech companies in the world, without exception, all invest in artificial intelligence. Microsoft Cloud computing service, Azure, is home to AI-driven tools in medicine, language, robotics and medical imaging, to name just a few. The recent $1 billion investment in OpenAI aims to produce the Holy Grail of AI, artificial general intelligence, technology that can do anything human intelligence can.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Microsoft (MSFT)

Microsoft is the cloud computing leader with Azure. Companies have been able to leverage that massive processing power and data collection to become a leader in artificial intelligence as well. Companys Azure AI is being commercialized through products like Microsoft Translator, and is being used to improve Bing search results. AI-power features are increasingly important part of Microsoft Teams and Microsoft 365. Microsoft sees AI applications across virtually all industries and sectors, including retail, public service, healthcare, manufacturing, financial services and oil and gas. After more than a decade of stagnation, MSFT stock has been on an impressive growth path over the past five years despite the declining PC industry. Transitioning products like Office to a subscription model, embracing services, and growing its Azure cloud computing have been big part of that. Increasingly, Azure AI has been key advantage, including companys $10 billion US Department of Defense JEDI contract win. MSFTs leadership in artificial intelligence bodes well for continued long-term growth.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Best Online Brokers for Artificial Intelligence Stock

Overall, NVIDIA is my favorite AI stock for 2020. Currently, NVIDIA is the leading supplier of graphics cards for computer gaming and AI systems. Its chips specialize in the Deep-learning category of AI. That is key to the entire artificial intelligence process. Other companies have used NVIDIA chips to analyze large sets of data to train their models. These systems analyze old data to find patterns that can be applied to new data as IT enter system. Overall, NVIDIA is well-position company. Many of the following companies all use NVIDIA graphics cards.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Sources

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

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