Picks and Shovels: 3 Stealth AI Stocks Flying Under Wall Street's Radar
Aehr Test(AEHR) InvestorPlace·2024-01-12 18:28
During the AI rally last year, many leading AI stocks soared to dizzying heights, becoming some of the most expensive names on the market. Investors were willing to pay sky-high premiums for these high-flyers, with Nvidia’s (NASDAQ:NVDA) share price approaching $550 at its peak. Nvidia now trades at a whopping 30 times sales (higher than 96% of semiconductor stocks), despite fierce competition from rivals racing to develop their own AI chips to claw away market share.But this article isn’t about Nvidia or o ...