After Nvidia’s latest blowout, here are 20 AI stocks expected to rise as much as 44%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 22 2024
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Source: MarketWatch
- Overview of Nvidia's Performance: Nvidia Corp. reported strong numbers in its fiscal fourth quarter.
- Artificial Intelligence Landscape: Various companies are involved in the AI infrastructure build-out, including hardware providers supporting Nvidia's GPUs, cloud services, software, and power management.
- Stock Screening Process: A stock screen was conducted based on holdings of eight ETFs focused on companies benefiting from AI implementation.
- Top Companies with Analyst Favor: Identified 20 companies with at least 80% buy ratings from analysts and high upside potential according to consensus price targets.
- Additional Information: Readers can access more details about each company, including corporate profiles, financials, and estimates by clicking on the tickers provided.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
