If you haven't bought any artificial intelligence (AI) stocks yet, you might feel like you missed the boat. Shares of AI experts such as Nvidia and C3.ai have doubled or tripled over the last year, riding the tailwind of massive interest in generative AI tools such as ChatGPT. Surely it's too late to jump aboard that skyrocketing bandwagon by now.Right?Well, not so fast. Some of the best AI specialists actually missed that boat, too. Their stocks have been left behind the general frenzy, giving astute inves ...

Shares of C3.ai (AI -4.20%) rose 156.6% in 2023, according to data from S&P Global Market Intelligence. The company took advantage of surging demand for artificial intelligence technology, and its revenue growth rate reaccelerated after slowing down throughout 2022. Those positive operational developments combined with favorable market forces to create some momentum that drove C3.ai higher. However, there was also some discouraging news, and investors should understand the risks before piling on the AI band ...

Artificial intelligence (AI) dominated the stock market narrative in 2023, and it was a major reason why the S&P 500 jumped 24% and the Nasdaq Composite soared 43% during the year. It's also why the "Magnificent Seven" stocks (the leading tech stocks) skyrocketed last year.Despite the stock price boosts, few companies -- except for Nvidia (NVDA -0.20%) -- have seen a significant business impact from artificial intelligence over the past year.It's natural to ask then if last year's AI-fueled stock-market sur ...

There's a strong argument that 2023 was the year that artificial intelligence (AI) came of age, sparking a market recovery in the process. After plunging 35% in 2022, the Nasdaq Composite rebounded with a vengeance last year, gaining 43%.While AI has been around for decades, recent advances in the field of generative AI have been a game changer. This breakthrough technology can, among other things, create original text and images based on a few user prompts. But that's just the beginning. These sophisticate ...

C3.ai, Inc. (AI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this company have returned +1.5%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Computers - IT Services industry, which C3.ai, Inc. falls in, has gained 3%. The key question now is: What could be the stock's future direction?Although media reports or r ...

With the “risk on” mentality of late 2023 fading fast thus far in 2024, it may be a good time to decide what are the meme stocks to sell. Mostly, because even if the macroeconomic picture improves this year, many of the most popular meme plays lack the fundamentals necessary to sustain their current stock prices.m Much less, justify a move to higher prices.A good example is with AMC Entertainment (NYSE:AMC), which as you know was at one point one of the most popular meme stocks out there. As I recently argu ...

It’s been a wild ride for chip stocks over the past few months. Indeed, while many companies, including Nvidia (NASDAQ:NVDA), are trading at or near all-time highs, other companies have seen their valuations take a hit due to several headwinds. Among the most prominent of these headwinds has been U.S. export restrictions to China, limiting the amount of high-performance artificial intelligence (AI) chips Nvidia and its peers can sell to U.S. companies.That said, some intriguing news today around a potential ...

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Core Viewpoint - The major market indexes rebounded in 2023, with the Nasdaq Composite surging 43%, indicating a potential new bull market, particularly in the artificial intelligence (AI) sector, where C3.ai has shown significant growth potential [1] Group 1: Competitive Position - C3.ai has a unique position in the AI industry, claiming no direct competitors for its specific offerings, with founder Thomas Siebel stating unawareness of any competitive products from major players like Oracle [2] - The closest comparison is Palantir Technologies, but C3.ai focuses on AI applications and no-code software, while Palantir builds an intelligent operating system around data [2] Group 2: Growth Momentum - C3.ai has signed or expanded agreements with major organizations, including Nucor and the U.S. Navy, indicating strong demand for its application suite and potential for significant growth over the next decade [3] - Research from McKinsey suggests generative AI could add trillions to the economy, creating a vast addressable market for C3.ai as organizations seek to integrate AI into their operations [4] - After a revenue increase of 38% in fiscal 2022, C3.ai's growth slowed to 5.6% in fiscal 2023, but it rebounded with a 17% year-over-year growth rate in the quarter ending in October, with analysts projecting a 14.7% revenue increase in fiscal 2024 and 19.8% in fiscal 2025 [4] Group 3: Valuation and Investment Opportunity - C3.ai's stock is currently trading at a more attractive valuation, with a forward price-to-sales ratio of 11, which is considered fair for a fast-growing software company [6] - The recent pullback in share price presents a potential buying opportunity, as many companies are delaying AI spending while they determine how to implement AI applications [6] - Despite being a mid-cap growth stock with a high-risk profile and not yet profitable, the accelerating revenue growth and new customer agreements are positive indicators for long-term potential [6]

American stocks had a great performance in 2023 as the Nasdaq 100 index jumped by more than 55%. The blue-chip S&P 500 index rose by over 22%, making it one of its best years in a long time. Still, most companies in the EV and clean energy industry did not do well. Here are some of the most shorted US stocks, which could see some short squeezes in 2024.Fisker Copy link to sectionFisker (NYSE: FSR) is one of the most shorted US stocks as concerns about the EV industry remains. The company has a short interes ...