2 Beaten-Down AI Stocks to Buy in May
Artificial intelligence (AI) is completely reshaping how businesses operate. It promises to speed up productivity, product development, innovation, and economic growth, which is why organizations are pouring billions into AI technology.Some AI stocks are trading close to new highs and fully reflect this potential. But others are trading at big discounts to their previous highs, even while these businesses are reporting robust demand for their services. Here's why shares of AI chip maker Advanced Micro Devices (NASDAQ: AMD) and software provider C3.ai (NYSE: AI) could be due for a massive rebound.Image source: Getty Images.Continue reading
Artificial intelligence (AI) is completely reshaping how businesses operate. It promises to speed up productivity, product development, innovation, and economic growth, which is why organizations are pouring billions into AI technology.
Some AI stocks are trading close to new highs and fully reflect this potential. But others are trading at big discounts to their previous highs, even while these businesses are reporting robust demand for their services. Here's why shares of AI chip maker Advanced Micro Devices (NASDAQ: AMD) and software provider C3.ai (NYSE: AI) could be due for a massive rebound.
Image source: Getty Images.
