Should You Buy the Dip on C3.AI Stock?
Investor attention when it comes to artificial intelligence (AI) has been focused on the large technology players. These are not the only companies dabbling in the AI space. In fact, there are many companies that embraced AI before it was trendy, including C3.ai (NYSE: AI). Going public in late 2020, the enterprise AI software provider has seen its stock collapse in recent years due to profitability concerns even as the rest of the AI field soars to new heights.Let's see if now is a perfect time for contrarian investors to buy into C3.ai stock as a cheap way to invest in the AI arms race.Branding itself as an "Enterprise AI application software company," C3.ai builds and deploys custom analytics tools for large enterprises, such as Baker Hughes and the United States Air Force. These large contracts are given to the company to connect all the data together at these sprawling enterprises.Continue reading
Investor attention when it comes to artificial intelligence (AI) has been focused on the large technology players. These are not the only companies dabbling in the AI space. In fact, there are many companies that embraced AI before it was trendy, including C3.ai (NYSE: AI). Going public in late 2020, the enterprise AI software provider has seen its stock collapse in recent years due to profitability concerns even as the rest of the AI field soars to new heights.
Let's see if now is a perfect time for contrarian investors to buy into C3.ai stock as a cheap way to invest in the AI arms race.
Branding itself as an "Enterprise AI application software company," C3.ai builds and deploys custom analytics tools for large enterprises, such as Baker Hughes and the United States Air Force. These large contracts are given to the company to connect all the data together at these sprawling enterprises.
