53 AI Revolution Stocks to Buy with Potential 20% Increase: UBS

UBS has identified 53 stocks that could rise at least 20% amid the ongoing artificial intelligence (AI) revolution. The bank recently released a report on how investors can benefit from the growing potential of AI in various industries. The report highlights that over 3,500 mentions of AI or ChatGPT were made on earnings calls by nearly 500 companies across 27 sectors this year. While concerns over job losses due to AI still linger, UBS also noted that machines are already completing over a third of business-related tasks. To create the list of boosted companies, UBS analysts and strategists compiled a list of over 180 businesses impacted positively or negatively by AI growth. Along with each of the 53 UBS buy-rated stocks that stand to benefit from AI, its ticker, industry, upside to price target, and reasoning are highlighted in alphabetical order. It is worth noting that although some analysts foresee the AI hype train eventually crashing just like the dot-com bubble, many stocks still recovered from the crash and exceeded expectations.