All curated lists of AI stocks are publicly traded on US stock exchanges and meet the following requirements:
- It has a market capitalization of over $1 billion and a stock price of at least $5. AI is a highly experimental sector and tech stocks are highly volatile, so we limit our list to large companies.
- Over $5 million in average daily trading volume over the past 3 months. As with the previous point, we limited the list to large, liquid stocks.
- Tangible investment and/or exposure to AI technology. Companies must be firmly and tangibly involved in making significant investments in AI technology or the field.
- 15% or better performance in 2023. The first quarter of 2023 has been tough for tech stocks. The sector as a whole rebounded sharply as inflation gradually softened and forecasters strengthened their expectations that the Fed would pivot from tight monetary policy sooner than previously expected. With AI being so hyped these days, this is very good news for the technology. So, taking advantage of the boom, he limited his search to stocks that were up 15% or more.
- Revenue has increased over the last three years. The sample is limited to stocks with positive and growing returns in the last three years.
This methodology aims to identify companies exposed to the rapidly changing field of artificial intelligence.
All of these companies have been able to take advantage of a strong environment for tech stocks so far this year. Many are large companies that need no introduction, but some are less so and more volatile.
As investors will see in 2022, these stocks are highly volatile and risky. That’s because it’s not always easy to get a positive return in tech start-ups.
Most of these stocks have seen significant declines in 2022. If an investor wants to tap into this volatile area, a careful allocation as part of a diversified portfolio may be the best way to go.
Please note that the above stocks have been selected by experienced financial analysts, but may not be suitable for your portfolio. Before deciding to purchase any of these stocks, please do thorough research to ensure that they are in line with your financial goals and risk tolerance.
