Best AI stock for 2023 🤖
Recently, everyone is talking about AI.
So which companies to buy and is it worth it now?
At the moment, leader among commercial implementation of artificial intelligence is a non-public company OpenAi.
Microsoft (
MSFT ) has made a big contribution to development of OpenAi - therefore its a direct beneficiary of spread of GPT chat.
📱 The rest of Big Tech shares: NVDIA, Tesla, Meta - also have a direct participation in development and popularization of AI.
That is, now AI is about the growth of Big Tech shares, which have already grown by + 50+70% since the beginning of this year!
It's a lot.
For example, Apple is generally ~4-5% of its historical maximum 😱
In context of incoming data, we see that conditions in world's economies are destroying, which means that IT sector will not be able to pull market for a long time and will go into correction. Sp500 will also go down accordingly.
And this means that the hype around AI will soon cool down ♨️
But, we would like to highlight one company that will be interesting in the medium term.
She is engaged in development and training of AI.
➖ Of the minuses, the company has no profit.
Strongly overbought by P/S ~12 (up 200% YtD).
➕ The company has no debt.
There is a very promising direction.
There is a revenue of $266 million.
Huge stock volumes starting in 2023 📊
The next report will be June 1st.
If the company makes a profit, there is a chance to grow by +50%, but then the stock will fall.
❇️ Ticker:
AI
✳️ Buy limit orders: $25, $20, $17
📈 Growth potential: up to 200% by the end of the year.
📉 Downside potential: up minus 50% by the end of summer.
Write in the comments on what other assets you want to get an analysis 🔎
If you are interested in receiving promising ideas on market, dont forget subscribe to channel! In profile you will find a lot of interesting things.
So which companies to buy and is it worth it now?
At the moment, leader among commercial implementation of artificial intelligence is a non-public company OpenAi.
Microsoft (
MSFT ) has made a big contribution to development of OpenAi - therefore its a direct beneficiary of spread of GPT chat.📱 The rest of Big Tech shares: NVDIA, Tesla, Meta - also have a direct participation in development and popularization of AI.
That is, now AI is about the growth of Big Tech shares, which have already grown by + 50+70% since the beginning of this year!
It's a lot.
For example, Apple is generally ~4-5% of its historical maximum 😱
In context of incoming data, we see that conditions in world's economies are destroying, which means that IT sector will not be able to pull market for a long time and will go into correction. Sp500 will also go down accordingly.
And this means that the hype around AI will soon cool down ♨️
But, we would like to highlight one company that will be interesting in the medium term.
She is engaged in development and training of AI.
➖ Of the minuses, the company has no profit.
Strongly overbought by P/S ~12 (up 200% YtD).
➕ The company has no debt.
There is a very promising direction.
There is a revenue of $266 million.
Huge stock volumes starting in 2023 📊
The next report will be June 1st.
If the company makes a profit, there is a chance to grow by +50%, but then the stock will fall.
❇️ Ticker:
AI ✳️ Buy limit orders: $25, $20, $17
📈 Growth potential: up to 200% by the end of the year.
📉 Downside potential: up minus 50% by the end of summer.
Write in the comments on what other assets you want to get an analysis 🔎
If you are interested in receiving promising ideas on market, dont forget subscribe to channel! In profile you will find a lot of interesting things.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.