If you missed out on the whole AI craze this year, don’t freak out just yet. Sure, everyone’s talking about Nvidia and Palantir and all the other big players, but there are still plenty of smaller AI companies that haven’t gotten their time in the spotlight just yet. And guess what? Some of them have been at the forefront of AI development for years, they just haven’t gotten the recognition they deserve.
Sometimes the best AI stocks to snag are the ones that are bringing artificial intelligence to those not-so-sexy sectors. Yeah, it’s cool to have generative AI that can make art or find killer recipes, but in the long run, the real returns are likely going to come from AI stocks that are focusing on core business use.
Take Symbotic for example. They’re bringing AI to warehouse management. Not the most thrilling sector, I know, but Walmart and Target are on board. So, maybe it’s not that boring after all. And get this: they’re expanding to smaller companies now, too, which means they’re tapping into a whole new market.
And how about UiPath? They’re all about bringing AI to human resources and administrative segments. Maybe not super exciting, but Cathie Wood loves them, and their tools are adaptable to so many different industries. Plus, they’re killing it on the financial front, so you might wanna consider snatching up some of their stock real soon.
Last but not least, there’s Chegg, putting AI to work in the EdTech sector. With their partnership with Scale AI, they’re personalizing learning and improving student outcomes in a major way. And get this, they’re also looking out for their shareholders with a $200 million share buyback program. So, don’t sleep on Chegg, they’re doing big things.