Artificial intelligence has quickly become a buzzword, with organisations all over the world using it to show that they are at the bleeding edge of technical breakthroughs. To address societal issues, big tech businesses and start-ups are developing and growing AI solutions in healthcare, education, financial services, and other fields. Artificial intelligence stocks are not rare. Because they invest extensively in research and development, these firms are also the greatest at delivering AI breakthroughs. In this post, we discuss the top 10 low-cost AI stocks with the strongest November gains.
Market Capitalization: US$643.609 billion
NVIDIA creates graphics processing units (GPUs) for gaming and professional applications, as well as system on a chip (SoC) units for mobile computing and automotive applications. NVIDIA’s prominence in the gaming sector has grown thanks to its portable game consoles, shield Android TV, and GeForce Now online gaming service. In addition, the business offers the CUDA application-performance interface, which enables the building of large programmes.
Market capitalization: US$113.187 billion
IBM is one of the world’s major technology corporations, producing and selling computer hardware, middleware, and software, as well as providing hosting and consulting services in fields ranging from mainframe computers to nanotechnology. In the cloud and cognitive software business areas, it is a rising star.
3. Micron Technology
Market capitalization: US$79.086 billion
Micron Technology manufactures random access memory and flash drives for use in computers, cellphones, and other devices. It is well-known for producing solid-state drives (SSDs), which are used in computers to store data. Micron stock has been rising in value as worldwide demand for all types of technology grows. Artificial intelligence is driven by machines, and computers require memory and data storage capabilities.
Market capitalization: US$640.20
Adobe is a company known for its industry-leading graphic design, photography, illustration, animation, multimedia, and print software. The corporation has recently shifted its focus to AI, incorporating data-based learning into the majority of its software platforms. Adobe’s stock has soared in response to increased demand for digital content, putting it in a bullish market position.
Market capitalization: US$29.176 billion
Pinterest is a social networking site that encourages users to utilise artificial intelligence to filter through photos on its interface and personalise them to their interests. Pinterest’s stock prices achieved new highs in 2021, propelling the business to the top of the technology stock market. It is also one of the greatest social commerce plays available, according to experts.
6. Happiest Minds
Market capitalization: US$183.87 billion
By merging augmented intelligence with NLP, image analytics, and video analytics, the Happiest Minds firm helps businesses deliver immersive customer experiences and outperform the competition. Happiest Minds will provide augmented reality (AR) and virtual reality (VR) as well as other emerging technologies.
Market capitalization: US$9.376 billion
Saksoft uses AI and automation technologies to help customers achieve digital transformation through intelligent decisions, better efficiency and productivity, enhanced customer experiences, and service innovation. The company uses intelligent automation to handle a variety of business difficulties, which helps to expedite change.
8. Foot Locker
Market capitalization: US$5.038 billion
In its post-recession recovery path, Foot Locker has beaten numerous tech firms. It has reaped significant benefits as a result of employing cutting-edge developing technology to better understand consumer and market expectations. The firm is a global leader in athletic footwear and gear.
9. C3 AI Inc.
Market capitalization: US$4.65 billion
C3 AI is a company that develops corporate AI tools to help companies accelerate their digital transformation. The firm offers a suite of fully integrated tools for building, implementing, and managing large-scale AI platforms. These apps are made with AI and machine learning in mind.
10. Veritone Inc.
Market capitalization: US$1.116 billion
Veritone is an artificial intelligence firm that has developed aiWare, an AWS-certified platform that uses well-defined cognitive computing to process and analyse structured and unstructured data for clients in a number of industries, including media and entertainment, legal, and government.
Is investment a good option? You decide!
With all of the recent buzz around AI and its application to business and the market as a whole, we thought it would be a good time to look at the stocks that are leading the way in terms of AI development. We looked at a number of different metrics to determine which stocks would be the best low priced options for your November investments. We hope you enjoyed our list of the top 10 low priced AI stock options for your November investments and we wish you the best of luck!