#1 AI Stock Trading for $3
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AI is by far the biggest tech investing trend of 2023.
But Ross Givens says the #1 artificial intelligence stock is NOT Microsoft, Google, Amazon or Apple.
Nope – his research is pointing to a tiny, under-the-radar stock that's trading for just $3 right now…
And could soon shoot to the moon, handing early investors a windfall.
This company already has 98 registered patents for cutting-edge voice and sound recognition technology…
And has lined up major partnerships with Honda, Netflix, Pandora, Mercedes Benz and many, many others.
So if you missed out on Microsoft when it first went public back in 1986…
This could be your shot at redemption.
Click here now for the full details of this $3 stock that's set to rocket in the AI revolution…
Artificial Intelligence (AI) has revolutionized various industries, and the adoption of AI is rapidly increasing.
Many companies are investing heavily in AI technologies to improve their products and services, reduce costs, and gain a competitive advantage.
In this report, we will analyze the three best AI stocks to buy now.
Alphabet Inc. (GOOGL)
Alphabet, the parent company of Google, is a tech giant that is heavily investing in AI. Google's AI technologies are being used in various areas, including search, advertising, and YouTube. The company's AI-powered virtual assistant, Google Assistant, is widely used by consumers and is one of the most advanced virtual assistants in the market.
The company has also invested in AI-powered healthcare solutions, including DeepMind, an AI-based research lab, and Verily, a life sciences company that focuses on developing AI-powered medical devices. Alphabet's revenue from AI technologies is expected to grow significantly in the coming years.
NVIDIA Corporation (NVDA)
NVIDIA is a leading manufacturer of graphics processing units (GPUs), and the company has been investing heavily in AI. NVIDIA's GPUs are being used in various AI applications, including autonomous vehicles, gaming, and data centers. The company's AI-powered platforms, including CUDA and TensorRT, are widely used by developers and researchers.
NVIDIA's revenue from AI-related products and services has been growing rapidly, and the company is expected to benefit from the increasing adoption of AI in various industries. The company's recent acquisition of Arm Holdings, a leading provider of semiconductor technology, is expected to further strengthen NVIDIA's position in the AI market.
Microsoft Corporation (MSFT)
Microsoft is a leading software company that has been investing heavily in AI technologies. The company's AI-powered digital assistant, Cortana, is widely used by consumers, and Microsoft's AI-powered chatbot, Xiaoice, is popular in China. The company has also been investing in AI-powered healthcare solutions, including the Microsoft Healthcare Bot and the Microsoft Genomics service.
Microsoft's revenue from AI technologies is expected to grow significantly in the coming years, and the company is well-positioned to benefit from the increasing adoption of AI in various industries. The company's cloud computing platform, Azure, offers various AI-powered services, including machine learning and cognitive services.
Warning: Stay Away from this AI Stock!
As we delve into the second half of 2023, the investment landscape is becoming increasingly challenging, particularly for those interested in the artificial intelligence (AI) sector. One stock that has been underperforming in this sector is Intel (NASDAQ:INTC). Despite its historical dominance in the chip-making industry, Intel's current financial and market position suggests that it may not be the best investment choice for those looking to capitalize on the AI boom.
Intel's Financial Health: A Cause for Concern
Intel's financial health has been a significant concern for investors. The company's free cash flow turned negative in 2023, and analysts from Wolfe Research predict that there is “little chance” of Intel generating positive cash flow even in the event of an industry-wide recovery in 2024. This is a clear red flag for potential investors, as a company's ability to generate positive cash flow is crucial for its sustainability and growth.
Moreover, Intel's recovery is expected to be both lengthy and costly, further dampening the prospects of a quick turnaround. The company's recent financial performance, including a slashed dividend and its first negative-income quarter in years, has led to a “D” grade for Intel stock and an “underperform” rating with a $27 price target. This suggests significant downside potential for Intel stock.
AI Chip Market: A Tough Battle Ahead
The AI chip market is heating up, and Intel is struggling to keep pace. The company has lost significant market share to other chip makers in recent years, and this trend is expected to continue. Susquehannah analyst Christopher Rolland warns that increased spending on GPU chips for AI applications could lead to decreased spending on data-center infrastructure, which could be highly problematic for Intel.
Intel's position in the AI-chip arms race is precarious. Rolland notes, “AI remains a mixed story for Intel … we remain cautious on Intel’s server competitiveness for the next several years.” Without meaningful increases in hyperscale (cloud) capex this quarter, there is a fear that AI server GPU purchasing could crowd out wallet share for CPUs, further eroding Intel's market share.
Investment Verdict: Avoid Intel Stock
Given the above factors, it is clear that Intel is facing significant challenges. The company's financial health is questionable, and its position in the AI chip market is far from secure. Out of 27 prominent analysts, 17 recently issued a “hold” rating on Intel shares, while six issued a “sell” rating and only four issued a “buy” rating on the stock. This consensus suggests a lack of confidence in Intel's near-term prospects.
While Intel is not a failing company, its current circumstances make it a risky investment, particularly for those interested in the AI sector. Investors should monitor Intel's financials closely and look for improvement before considering an investment. For now, Intel stock is not a high-confidence pick for the second half of 2023. Therefore, we recommend investors to avoid Intel stock at all costs as an AI investment.
Tap into the $15.7 trillion AI revolution with ONE investment
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AI stocks are on fire right now…
And many investors are on the lookout for the best stocks to put their money in.
If that's you, I recommend looking beyond: Stocks that are soaring just because they have “AI” in their names (they'll soon plummet to Earth faster than you can blink)…
Companies like Microsoft and Amazon whose share prices are already sky-high (which will cripple your profit potential). Instead, my #1 AI pick is trading for only $2 a share…
And on October 1st, it will reveal an innovation I predict will power virtually all the AI technology of the future.
In short, this tiny “Apple of AI” company could help investors profit from the entire$15.7 trillion AI gold rush with just one investment…
And as it does, you could rake in gains over 6,170% – enough to turn a tiny stake into over $156,750.