A number of industries, including marketing, healthcare, finance, transportation, education, and entertainment, stand to benefit greatly from artificial intelligence. 3 Best Artificial Intelligence Stocks are shown here, as follows:
Note: The market cap and the share price of the selected Top AI Stocks below are mentioned as of 19 March 2024.
Hitech Group Australia Limited. (ASX: HIT)
Market Cap: $87.56 million
CMP: $2.07
HIT is an expert ICT recruiting, consulting, and contracting firm. The business is equipped to meet these changing demands and seize the opportunities that follow. In the dynamic and exciting ICT landscape, HIT is well-positioned to prosper thanks to its solid foundation and strategic market positioning.
Bigtincan Holdings Limited. (ASX: BTH)
Market Cap: $101.68 million
CMP: $0.165
BTH provides a platform that enables sales and service organizations, along with their staff, to interact with customers through artificial intelligence. The company is in a strong position to prosper in the market for changing sales enablement platforms.
Wisetech Global Limited (ASX: WTC)
Market Cap: $31.39 billion
CMP: $94.15
It is a software development, marketing, and implementation company that helps logistic service provider’s move and store goods and information more easily.
Xero Limited (ASX: XRO)
Market Cap: $20.23 billion
CMP: $133.30
XRO is a software-as-a-service provider. It runs a worldwide platform for small businesses that includes payroll, projects, expenses, workforce management, and a core accounting solution. With its cloud-based platform, small business partners and customers can access real-time data to manage their businesses.
NEXTDC Limited (ASX: NXT)
Market Cap: $8.94 billion
CMP: $17.375
NXT is engaged in the establishment and management of autonomous data centers within Australia. Their primary focus is to offer scalable, on-demand services that facilitate cloud connectivity and outsource data centre infrastructure for businesses of all kinds.
Frequently Asked Questions (F.A.Q.)
1. How is someone going to invest in AI going forward?
Investing in an AI-driven theme can be done in several ways. Direct stock investments in AI companies are available to the friendliest person. Investing indirectly in AI can also be done through mutual funds or exchange-traded funds (ETFs).
2. What are potentially the best Artificial Intelligence stocks ?
Let's look at AI-stocks list:
3. What role does artificial intelligence play in the industry?
Artificial intelligence is becoming more and more widely used in a variety of industries as businesses see its potential to improve operations, promote innovation, and improve customer experiences. The two industries expected to invest in AI the most are banking and retail. These sectors are expected to make the biggest investments in AI technologies, including hardware, software, and AI-related services.
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