3 AI Stocks to Sell and Take Profits on Now

Artificial intelligence (AI) stocks have enjoyed a boost in valuation, but investors may want to consider taking some profits off the table. C3.ai, which had an impressive Q4, is expanding its AI product’s reach to various industries, but its Q1 revenue projection fell short of Wall Street’s optimistic estimates. Upstart, another AI-powered lending platform, has seen significant growth but is facing challenges due to banks’ hesitation amid tightening lending policies. Nvidia’s AI boom has made it a trillion-dollar company, but reduced consumer spending has impacted its gaming segment. Despite exceeding expectations, the company still has lackluster quarterly results. Investors may want to consider taking profits off these stocks, considering they seem expensive from a short-term perspective. Cashing in gains has never hurt anyone, especially considering the recent rally. It’s essential to consider each company’s solid long-term potential before making any trade-offs.