2 Surprising Artificial Intelligence (AI) Stocks You Should Consider
Beyond the usual suspects: Check out how two overlooked companies are silently leading the AI revolution.
OpenAI launched ChatGPT about a year ago, sparking a massive boom across the artificial intelligence (AI) industry. These days, every business worth its salt is doing something important and/or interesting with AI tools.
So, how do you invest in the AI sea change? Well, it’s easy to fall back on the usual AI suspects, such as hardware leader Nvidia or software giant Microsoft. But those stocks have already skyrocketed due to the long-term promise of the AI revolution. Maybe it’s best to leave these giants alone, for now, waiting for a seemingly inevitable price correction. The buy-on-the-dip strategy looks appropriate for these early AI leaders.
That doesn’t mean you have to sit on your robotic hands. Plenty of great companies are diving into the AI opportunity. Proactive investors can access alternative ideas that most people don’t view as AI stocks yet.
Adobe and SentinelOne are two such companies that may not immediately come to mind as AI stocks, but they are quietly pioneering the incorporation of AI into their respective industries.
Adobe, known for its creative software products, has been integrating AI into its offerings for several years. Its AI-powered features, grouped under the banner of Adobe Sensei, enhance products like Photoshop, Lightroom, and Illustrator. The automation of time-consuming tasks frees up creatives to focus on their artistic endeavors. Investors have started to recognize Adobe’s AI potential, and the stock has been on the rise.
SentinelOne, on the other hand, is a cybersecurity company that stands out with its innovative AI-driven approach to endpoint protection. By leveraging AI algorithms, SentinelOne detects and responds to threats in real time. Through machine learning and natural language processing, the company continuously evolves its AI systems to stay ahead of rapidly advancing cyber threats. Despite not yet being profitable, SentinelOne’s revenue is rising, thanks to its cloud-delivered AI defense.
While the usual AI giants may already be priced high, companies like Adobe and SentinelOne offer alternative investment opportunities in the AI space. These hidden AI stocks present an opportunity for investors to ride the wave of AI growth.
In conclusion, as AI continues to revolutionize various industries, it’s important to consider overlooked companies like Adobe and SentinelOne that are at the forefront of incorporating AI into their products and services. These stocks provide alternative investment options in the AI space, allowing investors to tap into the future potential of this transformative technology.
So, don’t just limit yourself to the usual AI suspects. Look beyond and discover the hidden AI gems that have the potential to unlock significant shareholder value as the AI revolution unfolds.
