2 Magnificent Artificial Intelligence (AI) Stocks to Buy in May and 1 to Avoid
Two industry-leading AI stocks are historically cheap and begging to be bought, while another highflier -- up more than 1,700% since 2023 began -- won't live up to the hype surrounding it.
For much of the last two-and-a-half years, the bulls have been in firm control on Wall Street. While a confluence of factors is responsible for lifting all three of Wall Street's major stock indexes to new heights in 2024 (and early 2025 for the S&P 500), it's the evolution of artificial intelligence (AI) that stands head-and-shoulders above other catalysts.
The broad-stroke excitement with AI is that it allows enabled software and systems to reason and act on their own. Looking a bit further down the line, machine learning, when coupled with AI capabilities, can lead to software and systems learning new jobs and skillsets, all without human oversight.
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